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:
- Royal Mail export services severely disrupted after ‘cyber incident’
January 11, 2023
Britain’s Royal Mail said on Wednesday it was facing severe disruption to its international export services following what it described as “a cyber incident”. “We are temporarily unable to despatch items to overseas destinations,” Royal Mail, one of the world’s largest post and parcel firms, said in a service update on its website. It advised customers to ...
- UK arrests five for selling ‘dodgy’ point of sale software
December 12, 2022
Tax authorities from Australia, Canada, France, the UK and the USA have conducted a joint probe into “electronic sales suppression software” – applications that falsify point of sale data to help merchants avoid paying tax on their true revenue. A Friday announcement from the Joint Chiefs of Global Tax Enforcement (known as the J5), states that ...
- Four suspects cuffed, face extradition to US over tax refund scam plot
December 6, 2022
Four men suspected of plotting to commit wire fraud and identity theft have been arrested and now face extradition to America. It is alleged they conspired to break into US companies’ servers, steal people’s personally identifiable information (PII), use that info to file fraudulent tax returns to Uncle Sam, and collect victims’ tax refunds. In newly unsealed ...
- UK: Cambridge Water customers’ bank details published to dark web after cyber attack
December 3, 2022
Bank account details of Cambridge Water customers have been published to the dark web, following a cyber attack. Customers have been left alarmed and furious after learning that names and current addresses, sort codes and account numbers are among the data stolen by cyber criminals from its parent company, South Staffordshire plc, back in August. Cambridge Water ...
- Cybersecurity laws to be updated to boost UK protection from cyber attacks
November 30, 2022
The UK’s cybersecurity laws will be updated to require outsourced IT providers to meet security standards as part of efforts to better protect supply chains, the Government has announced. The Network and Information Systems (NIS) Regulations will be updated so third-party firms providing IT services to businesses will be compelled to have effective cybersecurity measures in ...
- Donut extortion group also targets victims with ransomware
November 22, 2022
The Donut (D0nut) extortion group has been confirmed to deploy ransomware in double-extortion attacks on the enterprise. BleepingComputer first reported on the Donut extortion group in August, linking them to attacks on Greek natural gas company DESFA, UK architectural firm Sheppard Robson, and multinational construction company Sando. Strangely, the data for Sando and DESFA was also posted ...
