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Cyber Security Act 2024 · Version 2024-11-29

25 Simplified outline of this Part

Register source version C2024A00098 · Source observation:

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Part 3—Ransomware reporting obligations

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Division 1—Preliminary

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25 Simplified outline of this Part

:::box This Part imposes reporting obligations on certain entities who are impacted by a cyber security incident, and who have provided or are aware that another entity has provided, a payment or benefit (called a ransomware payment) to an entity that is seeking to benefit from the impact or the cyber security incident.

Particular information must be included in a ransomware payment report, including information relating to the cyber security incident, the demand made by the extorting entity and the ransomware payment.

An entity may be liable to a civil penalty if the entity fails to make a ransomware payment report as required by this Part. :::