1 Every 6 Minutes: Cyber Attacks in Australia Rise 23 Percent in 2024

Published on November 3, 2024

Australia has witnessed a 23 percent rise in cybercrime cases in 2024, with new cases increasing by 94,000 over the past year. The Australian Signals Directorate (ASD) also revealed a 10 percent decrease in proactive industry reporting on cybercrime issues from June to August 2023 compared to the previous year. According to the Department of Home Affairs, a cyberattack occurs every six minutes in Australia, often forcing companies to pay ransoms to regain access to critical data. This data was presented before a parliamentary inquiry into the Cyber Security Legislative Package 2024, which includes three bills. The proposed legislation aims to implement seven initiatives under the 2023-2030 Cyber Security Strategy. This strategy seeks to align Australia with global standards and establish the country as a leader in cyber security....

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