Australia’s Ransomware Action Plan outlines the Australian Government’s commitment to responding to the growing threat of ransomware attacks.
The primary objective of the Action Plan is to stop ransom payments fueling the ransomware business model.
This is to be achieved through a series of legislative reforms including:
- Mandatory ransomware attack reporting for Australian businesses.
- Stand-alone offensive for cyber criminals planning to target critical infrastructures.
- The criminalization of malware distribution for cybercrime.
In total, there are 11 initiatives to the Ransomware Action plan. For a thorough explanation of the action plan and its impact on Australian businesses, refer to this post.