Australian Businesses Gear Up for Ransom Reporting Deadline
Ransom Threats to Be Reported Under New Australian Legislation
Australian organizations have 40 days to prepare for a new law requiring mandatory reporting of ransomware payments to authorities. The law covers about 6.5% of registered businesses which, starting May 30, must report ransomware payments within 72 hours to the Australian Signals Directorate.
Australian organizations have 40 days to prepare for a new law requiring mandatory reporting of ransomware payments to authorities. The law covers about 6.5% of registered businesses which, starting May 30, must report ransomware payments within 72 hours to the Australian Signals Directorate.