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Ransomware Payment Laws Now Mandatory: What You Must Report
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
🎯 Book your free Empower Systems Assessment at nationalpc.com.au/empower
🎧 Get the audiobook Sitting Duck - The Phone Call You Don’t Want to Receive now on Spotify.
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.
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By Leigh KeffordFrom 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
🎯 Book your free Empower Systems Assessment at nationalpc.com.au/empower
🎧 Get the audiobook Sitting Duck - The Phone Call You Don’t Want to Receive now on Spotify.
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.