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Disclosure Requirements › Ransomware › New Legislation

K&L Gates LLP

Pay the Price, Now ‘Fess Up’: Reporting Obligations for Ransomware Payments Are Live

K&L Gates LLP on

As of 29 May 2025, the requirement on businesses to report ransomware payments they make has come into effect. What is the Requirement? If a reporting business entity becomes impacted by a cyber security incident and ends up...more

Hogan Lovells

Australia mandates first-of-its-kind reporting of ransomware payments

Hogan Lovells on

Australia has implemented a first-of-its kind requirement for eligible businesses to report ransomware payments. From 30 May 2025, eligible businesses that make a payment in response to a cyber security incident, or become...more

BakerHostetler

Australia’s New Ransomware Payment Reporting Law Takes Effect, Covering Both Critical Infrastructure and Other Entities

BakerHostetler on

On May 30, the ransomware payment reporting requirements of Australia’s Cyber Security Act 2024 (CSA) took effect. The new requirement applies to a broad range of entities and cyber security incidents, requiring reporting...more

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