Saturday 12 December 2015

New EU Cybersecurity Rule Means Additional Compliance Obligations for Critical Infrastructure and Tech Companies

On December 07, 2015, the European Commission (EC) agreed on new cyber security laws that will require certain critical infrastructure operators and multinational companies to fully disclose cyber-security breaches and violations to European Union (EU) authorities or face severe penalties.

The new law, known as the “Network and Information Security Directive” outlines cyber security breach reporting rules for companies in certain sectors such as finance, energy, health and technology.  The purpose behind the law is to encourage more transparency and cooperation between nations and large multinational companies when responding to and combating cyber threats. For the full article click here 



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