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

Experian Launches Credit Score App in ChatGPT, Enhancing Financial Access

New tool enables users to check credit scores effortlessly via ChatGPT.Highlights: Experian's app allows users to check credit...

US Senate Passes Bill Banning Issuance of CBDCs

Legislation aims to restrict the development of digital currencies by the Federal Reserve.Highlights: The US Senate approved a...

Truist Expands Open Banking Offerings with Plaid Partnership

Collaboration aims to enhance customer access to financial services.Highlights: Truist collaborates with Plaid for open banking expansion.The partnership...

UK’s National Fraud Database Reports 444,000 Fraud Cases in 2025

Cifas reveals a significant rise in reported fraud incidents across the UK.Highlights: Cifas reported 444,000 fraud cases in...