Plans for mandatory ransomware reporting

Sophos Ransomware Protection

The Federal Government has announced its plans to combat ransomware including new offences and a mandatory notification obligation for victims of a ransomware attack.

The Parliamentary Joint Committee on Intelligence and Security (PJCIS) has recommended the amending Bill be split so that certain requirements and powers become law while risk management program rules come back to parliament in a second Bill which also include a range of significant amendments.