Bill
Ransomware Payments Bill 2021
lapsed, as at 2022-02-14. (s) WATTS, Tim, MP portfolio.
- Sponsor
- Tim Watts
- Portfolio
- (s) WATTS, Tim, MP
Recorded stages
- introduced — 2021-06-21
- second reading — 2021-06-21
- other — 2022-02-14
Divisions
No divisions recorded. Most questions are decided on the voices; this does not establish that a bill was unopposed.
Plain-language summary
Written by a model from the explanatory memorandum; not the record, as at 2021-06-21.
This bill would force some organisations to report payments made to hackers who have locked their computer systems.
Organisations that pay a ransom would have to tell the Australian Cyber Security Centre details about the attack, the attacker and the payment.
The information collected would be shared with law enforcement, used to shape policy and given to businesses in a de-identified form through a threat-sharing platform.
- Creates a duty to notify the Australian Cyber Security Centre about ransomware payments.
- Requires organisations to disclose information about the attack, the attacker and the payment.
- Allows the centre to share de-identified information with the private sector.
Commonwealth entities, state and territory agencies, corporations and partnerships that make ransomware payments.
Sources
em
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