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.

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 &amp; Greed.

Business news you can use. A daily business news podcast with journalists Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Business news you can use. A daily business news podcast with journalists <a href="https://www.linkedin.com/in/sean-aylmer-9922068/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/sean-aylmer-9922068/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw0wu3ezGEfBZFYspJbTTaYL">Sean Aylmer</a>&nbsp;and&nbsp;<a href="https://www.linkedin.com/in/mcwthompson/" data-saferedirecturl="https://www.google.com/url?q=https://www.linkedin.com/in/mcwthompson/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw08pZ8jZ88rHJgCfbHkTr5k">Michael Thompson</a>.&nbsp;Find out more at&nbsp;<a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/" data-saferedirecturl="https://www.google.com/url?q=https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain%3Dfearandgreed.com.au/&amp;source=gmail&amp;ust=1689199223540000&amp;usg=AOvVaw1DLq_FuqjEt3HC-ZK1704H">https://fearandgreed.com.au</a>

Fear and Greed is Australia's most popular business podcast.

FEAR & GREED | Business News

Daily business news for people who make their own decisions, with business journalist Sean Aylmer and Michael Thompson. Find out more at https://fearandgreed.com.au

Daily business news for people who make their own decisions, with business journalist <a href="https://www.linkedin.com/in/sean-aylmer-9922068/">Sean Aylmer</a> and <a href="https://www.linkedin.com/in/mcwthompson/">Michael Thompson</a>. Find out more at <a href="https://protect-au.mimecast.com/s/7AmQCOMxmAtl5q0qiE-KY7?domain=fearandgreed.com.au/">https://fearandgreed.com.au</a>

Interview: Why Aussie businesses are paying $1.35 million to criminals

https://api.omny.fm/orgs/2fb3740d-3436-44af-8cc0-a91900716aa5/clips/10ab6b06-f145-4a24-9181-b23600ae2189/transcript

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