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.

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Source:MSN News


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