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Ransomware Payment Laws Now Mandatory: What You Must Report

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Manage episode 486963851 series 3641354
Content provided by Leigh Kefford. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Leigh Kefford or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

From 30 May 2025, Australian businesses earning over $3 million per year must report any ransomware or cyber extortion payments to the government within 72 hours. In this episode, Leigh explores:

  • What qualifies as a reportable ransomware or cyber extortion payment

  • Who needs to report and how to calculate turnover thresholds

  • What’s included in the 72-hour reporting requirement

  • Why these reports matter for Australia’s national cyber defence

  • How to prepare your business now before penalties kick in

🎯 Book your free Empower Systems Assessment at ⁠nationalpc.com.au/empower⁠

🎧 Get the audiobook Sitting Duck - The Phone Call You Don’t Want to Receive now⁠ on Spotify.

This podcast was produced by ⁠⁠National PC⁠⁠, delivering expert ⁠⁠cyber security services⁠⁠ in ⁠⁠Townsville ⁠⁠and ⁠⁠Cairns⁠ ⁠through our ⁠⁠Empower Managed IT⁠⁠ solutions—secure, reliable, and built for North Queensland businesses.

  continue reading

32 episodes

Artwork
iconShare
 
Manage episode 486963851 series 3641354
Content provided by Leigh Kefford. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Leigh Kefford or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

From 30 May 2025, Australian businesses earning over $3 million per year must report any ransomware or cyber extortion payments to the government within 72 hours. In this episode, Leigh explores:

  • What qualifies as a reportable ransomware or cyber extortion payment

  • Who needs to report and how to calculate turnover thresholds

  • What’s included in the 72-hour reporting requirement

  • Why these reports matter for Australia’s national cyber defence

  • How to prepare your business now before penalties kick in

🎯 Book your free Empower Systems Assessment at ⁠nationalpc.com.au/empower⁠

🎧 Get the audiobook Sitting Duck - The Phone Call You Don’t Want to Receive now⁠ on Spotify.

This podcast was produced by ⁠⁠National PC⁠⁠, delivering expert ⁠⁠cyber security services⁠⁠ in ⁠⁠Townsville ⁠⁠and ⁠⁠Cairns⁠ ⁠through our ⁠⁠Empower Managed IT⁠⁠ solutions—secure, reliable, and built for North Queensland businesses.

  continue reading

32 episodes

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