NAB: Welcomes Government’s ransomware action plan

NAB: Welcomes Government’s ransomware action plan

  • NAB has welcomed the release of the 2021 Ransomware Action Plan by the Australian Government
  • Continues to play an active part in supporting the Federal Government in its efforts to protect Australians from cyber threats
  • The cyber threat landscape is ever-evolving and the volume of threats, including ransomware attacks
  • Pleased to see the measures introduced in the action plan for tougher penalties, in an effort to deter bad actors
  • Business and government cooperation is crucial to expand knowledge and understanding of the threat landscape
  • Delivered 52 cyber training sessions to small and medium business customers in FY21
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

You May Also Like

Lloyds Tests Quantum Computing to Strengthen Fraud Detection

The bank explores advanced tech to tackle money mule networks effectively.Highlights: Lloyds is experimenting with quantum computing for...

9fin Secures $170 Million Raise, Valued at $1.3 Billion

The fintech platform enhances its funding to accelerate growth and innovation.Highlights: 9fin raised $170 million in a recent...

CommBank Enhances Account Onboarding with Password Chip Scanning

New feature streamlines account setup via mobile app for users.Highlights: CommBank introduces password chip scanning in its mobile...

Coinbase Receives Conditional Approval for National Trust Bank Charter

The approval marks a significant step for Coinbase in the financial sector.Highlights: Coinbase secures conditional approval for a...