Cybersecurity & Tech
What’s happening? Australia and Oklahoma have something in common- an intent to increase criminal penalties for ransomware.
Why is this important? Australia’s approach is to create a stand alone aggravated charge for ransomware. Also included is a notification requirement for businesses that pay more than $10million in ransom per year.
How will this be important? We’re seeing both of these approaches in the U.S. IN Congress we have a notification for any ransom paid being bandied about and Oklahoma passed a bill specifically criminalizing ransomware.
Australia Ransomware Action Plan
ZDNet | Australia’s new ransomware plan to create ransomware offences and reporting regime
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