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Push to ban ransomware payments following Australia’s biggest cyberattack

Posted on April 12, 2023 by Dissent

Luke Huigsloot reports:

The Australian government is being pushed to ban the payment of cyber ransoms, usually demanded in cryptocurrency, following a local business suffering a mass data breach and subsequent ransom demand.

[…]

The Australian government’s lead cybersecurity agency, the Australian Cyber Security Centre (ACSC), currently recommends that victims of ransomware attacks never pay a ransom, saying there’s no guarantee the information will be returned instead of being sold online.

Read more at CoinTelegraph.

Category: Breach LawsCommentaries and AnalysesFederalLegislationNon-U.S.

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