Thursday, 11 March 2021 01:28

Peter Dutton launches Cyber Security Industry Advisory Committee Ransomware Paper Featured

By

The Federal Minister for Home Affairs, Peter Dutton, and his office say that "ransomware continues to be a prevalent global threat, and cyber criminals pose a significant risk to Australians and Australian businesses."

To build awareness about the ransomware threat, the Minister for Home AffairsPeter Dutton, and Chair of the Cyber Security Industry Advisory Committee, Telstra CEO Andrew Penn, have released the Committee’s first paper: “Locked out: Tackling the ransomware threat.”

We're told this paper, a detailed, 14-page PDF, "helps educate businesses to protect themselves by making a number of recommendations relating to email security, multi-factor authentication, software updates, training, back-ups, data lifecycle management and built in security features.

"Phishing and poor cyber security continues to be the main facilitator for ransomware attacks. This has been supported by a growth in the proliferation of cryptocurrency which is hard to trace, making it ideal for ransomware demands."

Dutton said: “Cyber criminals continue to see Australian businesses as an attractive target and ransomware is a particularly disruptive form of cyber attack that can have devastating impacts.

“The good news is that many ransomware attacks can be avoided by implementing basic cyber security controls and I urge businesses to take the time to review the advisory committee’s advice.”

His department notes that "the Morrison Government’s $1.67 billion investment in the Cyber Security Strategy 2020 is central to protecting families and businesses from cybercriminals.

"The Government has committed $124.9 million to strengthening law enforcement’s counter cybercrime capabilities, including $89.9 million to equip the Australian Federal Police with an additional 100 cyber detectives to identify and target cyber criminals."

Dutton added: “Recognising the threat posed by ransomware, the Australian Cyber Security Centre’s ‘Act Now, Stay Secure’ campaign has recently provided updated practical advice on mitigating ransomware for Australians.

“All Australians and Australian businesses need to know how to safeguard themselves against online threats, including ransomware, and should be taking action to do so.”

Industry Advisory Committee Chair and Telstra CEO Andrew Penn said that Australian businesses cannot afford to be complacent as the world becomes increasingly connected by digital technologies.

“Ransomware is one of Australia’s fastest growing threats as business spends more and more time participating in the digital economy,” Penn said.

“62% of small business have experienced a cyber security incident so being prepared and protecting your organisation and your customers is the digital equivalent of locking your front door at night.

“There are countless businesses that are attacked every day in Australia and, in some cases, those victims could have prevented or minimised the financial loss and emotional impact they faced through the use of simple cyber security controls and employee education.

“This paper is an important contribution to helping Australian businesses understand the risks of ransomware and prepare accordingly by drawing from the Committee’s diverse experience.

“The Industry Advisory Committee looks forward to its continued work with government to guide implementation of the Cyber Security Strategy 2020 as a partnership between the private and public sector is critical,” Penn concluded.

A copy of the Industry Advisory Committee’s paper is available here.

Dutton's office advises that you can get "the latest information and advice or to report cybercrime" by visiting cyber.gov.au or by calling 1300CYBER1.

Read 2657 times

Please join our community here and become a VIP.

Subscribe to ITWIRE UPDATE Newsletter here
JOIN our iTWireTV our YouTube Community here
BACK TO LATEST NEWS here

GET READY FOR XCONF AUSTRALIA 2022

Thoughtworks presents XConf Australia, back in-person in three cities, bringing together people who care deeply about software and its impact on the world.

In its fifth year, XConf is our annual technology event created by technologists for technologists.

Participate in a robust agenda of talks as local thought leaders and Thoughtworks technologists share first-hand experiences and exchange new ways to empower teams, deliver quality software and drive innovation for responsible tech.

Explore how at Thoughtworks, we are making tech better, together.

Tickets are now available and all proceeds will be donated to Indigitek, a not-for-profit organisation that aims to create technology employment pathways for First Nations Peoples.


Click the button below to register and get your ticket for the Melbourne, Sydney or Brisbane event

GET YOUR TICKET!

PROMOTE YOUR WEBINAR ON ITWIRE

It's all about Webinars.

Marketing budgets are now focused on Webinars combined with Lead Generation.

If you wish to promote a Webinar we recommend at least a 3 to 4 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://itwire.com/itwire-update.html and Promotional News & Editorial. Plus a video interview of the key speaker on iTWire TV https://www.youtube.com/c/iTWireTV/videos which will be used in Promotional Posts on the iTWire Home Page.

Now we are coming out of Lockdown iTWire will be focussed to assisting with your webinars and campaigns and assistance via part payments and extended terms, a Webinar Business Booster Pack and other supportive programs. We can also create your adverts and written content plus coordinate your video interview.

We look forward to discussing your campaign goals with you. Please click the button below.

MORE INFO HERE!

BACK TO HOME PAGE
Alex Zaharov-Reutt

Alex Zaharov-Reutt is iTWire's Technology Editor is one of Australia’s best-known technology journalists and consumer tech experts, Alex has appeared in his capacity as technology expert on all of Australia’s free-to-air and pay TV networks on all the major news and current affairs programs, on commercial and public radio, and technology, lifestyle and reality TV shows. Visit Alex at Twitter here.

Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments