Opposition Demands More Scrutiny on New Cybersecurity Measures Impacting Major Banks and Critical Infrastructure
In Canberra, Australia, a critical debate is unfolding as the opposition calls for a careful review of proposed cybersecurity legislation that could significantly impact major banks, telecom giant Telstra, and other essential infrastructure operators. The call for caution comes amid concerns that hasty enactment could lead to adverse repercussions, undermining the very systems it aims to protect. The proposed legal framework, introduced by the Labor party on Wednesday, is a trio of cybersecurity bills. Key among these is a new mandatory regime that requires reporting ransom payments and broadening government authority to intervene directly in … Read more