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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
@gcluley@mastodon.green It's a start but the right approach is to require all ransomware payments go through full money laundering and know your customer rules. In other words to make them unpayable and the penalties for doing so or even assisting in doing so huge.