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Incoming cyber-security regulation

Companies around the world are bracing themselves for an avalanche of cyber-security regulation, as governments scramble to introduce rules forcing corporate groups to build stronger defences against catastrophic hacks, reports the Financial Times. “The toughest are expected to come from Europe, with regulations due by the end of the year that could enforce multimillion-pound fines for businesses that suffer data breaches.” The threat from hackers has come into sharp focus following an attack on British telco TalkTalk. The firm said the details of up to 1.2m customers had been left vulnerable. There are also significant issues in ‘second tier’ companies, including retailers and communications groups, which have less formal interaction with authorities, yet remain vulnerable as they hold sensitive customer details, the FT notes.

  • Monday, 23 November 2015

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