Australia - the first country in the world to make it mandatory for organisations to declare to the government if a ransomware payment is made on their behalf to cyber extortionists

Reports will have to be made to the ASD within 72 hours

What do you think? Good idea? Would you like a similar mandatory approach in your country?

More details on which businesses the law applies to, and penalties, can be found at https://therecord.media/australia-ransomware-victims-must-report-payments

#cybersecurity #ransomware