‘An attractive market’: policy vacuum on ransomware attacks leaves Australia vulnerable

Experts are urging the federal government to develop a mandatory reporting regime for such cyber-attacks

Australian organisations are seen as soft and lucrative targets for ransomware attacks, according to cybersecurity experts who warn the problem will get worse unless the Morrison government fills the current policy vacuum".

A report published on Tuesday cites a raft of attacks over the past 18 months, including one that brought Nine Entertainment to its knees" in March and left it struggling to televise news bulletins and produce newspapers.