The average ransomware payment in Australia has soared to a massive $1.35 million, with businesses increasingly willing to pay to regain access to computer systems and data locked up by cybercriminals.

Darren Hopkins and Brendan Payne, Cyber Partners at McGrathNicol Advisory, talks to Sean Aylmer about their annual assessment of the ransomware threat now faced by Australian companies.

McGrathNicol Advisory is a supporter of Fear & Greed.