As the UK Government has recognized, cyber incidents—such as Jaguar Land Rover, Marks and Spencer, Royal Mail and the British Library—are costing UK businesses billions annually and causing severe disruption.
The Government recognizes that cybersecurity is a critical enabler of economic growth (“we cannot have growth without stability”), and that the current laws have “fallen out of date and are insufficient to tackle the cyber threats faced by the UK.” Accordingly the UK Government this week published its long-awaited Cyber Security and Resilience Bill (the “Bill”), which will amend the existing Network and Information Systems Regulations 2018 (the “NIS Regulations”), and grant new powers to regulators and the Government in relation to cybersecurity.
Read more…
Source: Covington
Sign up for the Cyber Security Review Newsletter
The latest cyber security news and insights delivered right to your inbox
Related:
- UK media watchdog Ofcom data downloaded in cyber-attack
June 12, 2023
Media watchdog Ofcom has confirmed that it is a victim of a cyber-attack by hackers linked to a notorious Russian ransomware group. Confidential data about some companies regulated by Ofcom, and personal information from 412 employees was downloaded during the mass hack. A number of firms, including British Airways, the BBC and Boots, have been affected ...
- Microsoft says Clop ransomware gang is behind MOVEit mass-hacks, as first victims come forward
June 5, 2023
Security researchers have linked to the notorious Clop ransomware gang a new wave of mass-hacks targeting a popular file transfer tool, as the first victims of the attacks begin to come forward. It was revealed last week that hackers are exploiting a newly discovered vulnerability in MOVEit Transfer, a file-transfer tool widely used by enterprises to ...
- British Airways, Boots staff data compromised by payroll cyber hack
June 5, 2023
British Airways and retailer Boots said their staff were amongst those hit by a cyber attack on Zellis, a payroll provider used by hundreds of companies in Britain. British Airways, owned by IAG, said it had notified affected employees and was providing them with support. Read more… Source: MSN News
- Capita cyber-attack: 90 organisations report data breaches
May 30, 2023
About 90 organisations have reported breaches of personal information held by Capita after the outsourcing group suffered a cyber-attack, Britain’s data watchdog has said. The company, which runs crucial services for local councils, the military and the NHS, experienced the hack, which caused a significant IT outage, in March. Read more… Source: The Guardian
- NHS data breach: trusts shared patient details with Facebook without consent
May 27, 2023
NHS trusts are sharing intimate details about patients’ medical conditions, appointments and treatments with Facebook without consent and despite promising never to do so. An Observer investigation has uncovered a covert tracking tool in the websites of 20 NHS trusts which has for years collected browsing information and shared it with the tech giant in a ...
- IT security analyst admits hijacking cyber attack to pocket ransom payments
May 24, 2023
A former IT security analyst at Oxford Biomedica has admitted, five years after the fact, to turning to the dark side – by hijacking a cyber attack against his own company in an attempt to divert any ransom payments to himself. Ashley Liles, of Letchworth Garden City, Hertfordshire, pleaded guilty at Reading Crown Court to blackmail ...