New UK Law Could Hit IT Firms With £100K-a-Day Fines

The UK government has unveiled sweeping new cyber legislation that could see organisations hit with fines of up to £100,000 (per day!) if they fail to respond to threats in time – a move that dramatically raises the stakes for IT providers, critical service operators, plus their supply chains.

Tough New Rules Aimed at Critical Infrastructure and the Tech Supply Chain

The draft Cyber Security and Resilience (CSR) Bill, formally outlined this week by technology secretary Peter Kyle, seems to be setting out a more aggressive approach to cyber regulation in response to what ministers describe as “unprecedented threats” to the UK’s digital and physical infrastructure.