“It also said ransomware attacks had increased roughly five-fold since the pandemic.”
Australian businesses with annual turnover above $3 million will have to disclose ransom payments or face $15,000 fines. The government dropped an outright payment ban to measure the problem first. A Cohesity survey found 54% of employers paid a ransom in the last six months while 72% had a “do not pay” policy. The policy is for the press release. The payment is the policy.