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Column: Virus to virus: pandemic to cyber threat

A surge in cyber attacks and ransomware hacks since the start of pandemic lockdowns is alarming for a world of finance moving headlong into digital money

As the US picks up its war on cyber criminals, preparing to treat ransomware attacks as similar to terrorism, Labor wants the Morrison government to take President Joe Biden’s approach.

Would you like to play a game? The fictional cyberattacks of Hollywood films are become a reality. How can we prepare effectively? Ever since 1983’s WarGames, cybersecurity attacks have become a staple of blockbuster Hollywood films. The trite image of a youth in a hoodie hovering over a keyboard and threatening national security is ingrained in our collective memories.  Since the internet went ‘mainstream’, nation states, companies and individuals exist in an increasingly digitised world. We rely heavily on secure and stable IT and OT systems to lead our daily lives, to run companies...

Without intervention, information chaos will threaten the viability of our systems. The ransomware attacks are one of the visible consequences.