James Coker reports:
The Australian government has introduced the country’s first standalone cybersecurity law to Parliament.
The new legislation aims to better protect citizens and organizations against a heightened geopolitical and cyber threat environment.
The Cyber Security Bill 2024 covers a range of areas, including mandating minimum cybersecurity standards for IoT devices and mandatory ransomware reporting for critical infrastructure organizations.
Additionally, the legislation will establish a Cyber Incident Review Board to conduct post-incident reviews into significant cybersecurity incidents and a ‘limited use’ obligation that restricts how incident information provided to the National Cyber Security Coordinator can be used and shared with other government agencies.
Read more at Infosecurity Magazine.