The UK was the first to issue a statement blaming Russia early on Thursday and the US did so overnight. Russia has denied it had anything to do with the outbreak.
The malware attack occurred on 27 June 2017 affected a number of countries, with the damage concentrated in Ukraine.
The ransomware, known variously as Petya (nomenclature given to ransomware that already existed at the time), NotPetya, ExPetr, Nyetya and GoldenEye, caused major issues at the US pharmaceutical company Merck, Russia's state oil company Rosneft, the shipping conglomerate Maersk and the UK-based advertising and public relations firm WPP.
Taylor said the Australian Government condemned Russia’s behaviour, "which posed grave risks to the global economy, to government operations and services, to business activity and the safety and welfare of individuals".
"The Australian Government is further strengthening its international partnerships through an International Cyber Engagement Strategy to deter and respond to the malevolent use of cyber space," he added.
"The government is committed to ensuring the Australian public sector, businesses and the community are prepared for evolving cyber threats."
Commenting on the issue, Steve Malone, director of security product management at email security firm Mimecast, said: “Investment in cyber resilience and continuity is critical for every organisation. The NotPetya ransomware highlighted the disruptive power ransomware can have.
"By encrypting and blocking access to files, ransomware can cause massive damage to critical national services and valuable business data.
"No matter the perpetrator of this attack, businesses must look forward and implement a cyber resilience strategy to avoid becoming the next victim. This should span beyond just security, and include continuity, remediation and recovery to ensure critical services can keep on running, even when the worst happens.”