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Bill

Ransomware Payments Bill 2021 (No. 2)

lapsed, as at 2022-07-25.

Sponsor
KENEALLY, Sen Kristina
Portfolio
Not recorded

Recorded stages

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 2021-08-12.

This bill would make it compulsory for most organisations that pay a ransom after a ransomware attack to tell the Australian Cyber Security Centre about the attack and payment.

The Australian Cyber Security Centre would collect the reports and could share de-identified information with the private sector and law enforcement.

Small businesses with an annual turnover below $10 million would be exempt from the reporting requirement.

Commonwealth entities, state and territory agencies, and private businesses with an aggregate turnover of more than $10 million, but not small businesses, sole traders, unincorporated entities or charities.

Sources

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