Australia’s first ever Cybersecurity Act was among a landmark legislative package introduced by the Albanese government on Wednesday with promises of protections for businesses that cooperate with authorities on incident responses.
Years in the making, the package reveals crucial limits for where the information sharing protections end, when businesses will have to declare ransomware payments, and what it will take for the government to seize control of critical infrastructure assets.
“This package will collectively strengthen our national cyber defences and build cyber resilience across the Australian economy,” Home Affairs and Cybersecurity minister Tony Burke said while introducing the bills.
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