Australia Eyes New Criminal Offenses, Tougher Penalties for Ransomware Attackers

[Galaxy]

Ransomware attacks on Australian entities grew by record levels in 2020—now the government is hitting back. Hackers will face new criminal offenses and tougher penalties for ransomware attacks, according to The Australian.

The news follows an operation by the Australian Federal Police to curb a record increase in ransomware attacks in 2020, which reportedly cost the Australian economy AUD $1.4 billion (roughly USD $1 billion).

“Ransomware gangs have attacked businesses, individuals, and critical infrastructure right across the country,” reportedly said Karen Andrews, the home affairs minister. Source