Ransomware Payment Laws Now Mandatory: What You Must Report
Manage episode 486963851 series 3641354
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
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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.
32 episodes