Australia\u2019s top cyber spies are set to gain greater powers in the event of ransomware or other cyber attacks on critical infrastructure. <\/p>\n
The Australian Signals Directorate (ASD), a government agency in charge of cyber warfare and information security, would be able to take over control of critical infrastructure \u2014 including energy, communications and banking systems \u2014 under new legislation introduced into Parliament.<\/p>\n
The legislation even considers health care and grocery businesses to fall under the definition of critical infrastructure and imposes new positive security obligations. <\/p>\n
For ASD operatives to provide assistance, operators from the affected infrastructure have to report a serious cyber incident. <\/p>\n
According to The Australian newspaper, the Critical Infrastructure Bill will be introduced to parliament, on Oct. 20, with bipartisan support from the committee that examined it.<\/p>\n
Home Affairs Minister Karen Andrews stated the measures proposed will ensure the safety of essential services that Australians rely on: <\/p>\n
\u201cRecent cyber-attacks and security threats to critical infrastructure, both in Australia and overseas, make these reforms critically important.\u201d<\/p><\/blockquote>\n
But a coalition of Australian and international tech industry groups is opposed to the new laws.\u00a0 \u201cWithout significant revision, the bill will create an unworkable set ofobligations and set a troubling global precedent,\u201d they wrote in a joint letter.<\/p>\n
There have been a string of high profile ransomware attacks this year, including the Colonial Pipeline cyber attack in the U.S. in May, which forced governments around the world to rethink their vulnerabilities and highlighted crypto\u2019s role in the attacks. <\/p>\n
Another ransomware attack in May, on Australian meat processor JBS, pushed Australian lawmakers to take a tougher stance. A new Ransomware Action Plan was released last week\u00a0 will allow Australian authorities to seize or freeze financial transactions in cryptocurrencies that are associated with cyber-crime regardless of the country of origin.<\/p>\n
The Parliamentary Joint Committee on Intelligence and Security said the \u201cthreat of cyber security vulnerability and malicious cyber activity has become increasingly evident in recent years\u201d with about a quarter of reported cyber security incidents affecting critical infrastructure organizations.<\/p>\n