The Australian government rolled out Wednesday a Cyber Security Legislation Package to enhance the security and resilience of Australia’s cyber environment and critical infrastructure. Subject to the passage of the ‘Cyber Security Bill 2024’ legislation this week, Australia will have its first standalone Cyber Security Act to ensure strong laws and protections through a clear legislative framework. The proposed bill prescribes minimum security standards for smart devices, ransomware reporting obligations, ‘limited use’ obligation for the National Cyber Security Coordinator and the Australian Signals Directorate (ASD); and a Cyber Incident Review Board.
The Cyber Security Bill 2024 comes as the federal government is currently “facing a heightened geopolitical and cyber threat environment, placing pressure on our collective cyber resilience and security. The protection of our cyber security and critical infrastructure is vital to Australia’s national security and economic stability.”
The Cyber Security Legislative Package will implement seven initiatives under the 2023-2030 Australian Cyber Security Strategy, addressing legislative gaps to bring Australia in line…
