UK threatens £100K-a-day fines under new cyber bill


The UK’s technology secretary revealed the full breadth of the government’s Cyber Security and Resilience (CSR) Bill for the first time this morning, pledging £100,000 ($129,000) daily fines for failing to act against specific threats under consideration.

Slated to enter Parliament later this year, the CSR bill was teased in the King’s Speech in July, shortly after the Labour administration came into power. The gist of it was communicated at the time – to strengthen the NIS 2018 regulations and future-proof the country’s most critical services from cyber threats – and Peter Kyle finally detailed the plans for the bill at length today.

Read more…
Source:MSN News


Sign up for our Newsletter
The latest news and insights delivered right to your inbox.


Related:

  • Cybersecurity: Queen opens centre to protect against attacks

    February 14, 2017

    The Queen was shown how hackers could target the UK’s electricity supply as she opened a centre to protect the nation from cyber attacks. The National Cyber Security Centre – part of intelligence agency GCHQ – started work in October as part of a £1.9bn five-year strategy. Staff in Victoria, central London, will be joined by experts ...

  • Security firms ‘overstate hackers’ abilities to boost sales’

    February 3, 2017

    Computer security companies have been accused of “massively” exaggerating the abilities of malicious hackers. Dr Ian Levy, technical director of the UK’s National Cyber Security Centre, made the accusation in a speech. He said the firms played up hackers’ abilities to help them sell security hardware and services. Overplaying hackers’ skills let the firms claim only they could ...

  • Britain could carry out cyber attacks to defend itself against Russia

    February 2, 2017

    Britain could carry out offensive cyber attacks to tackle high-tech Russian subversion, the Defence Secretary has suggested. Sir Michael Fallon said the UK and its Nato allies must now compete on the cyber battlefield as much as they do in conventional air, land and sea warfare. Britain’s adversaries must know they face a price for using cyber ...

  • Cyber security chief honoured for taming hi-tech threats

    January 4, 2017

    A leader in the field of cyber security who spent 28 years in the RAF and protected the White House has been named in the Queen’s New Year’s Honours list. Group captain Andrew Gudgeon, who works at Nationwide, was awarded an OBE for his work strengthening and protecting the UK and US’s cyber security, The 51-year-old, who ...

  • Army social media psyops bods struggling to attract fresh blood

    January 3, 2017

    Army social media psyops unit 77 Brigade is struggling to reel in new government cyber-warriors in spite of a recruitment publicity blitz last year, according to the Ministry of Defence. The “brigade” – in reality a unit slightly smaller than an infantry battalion, with a target manning strength of 448 people – is under strength by ...