Coventry Telegraph

Firms lacking strong cyber security could face fines of up to £17m

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ORGANISATI­ONS without strong cyber-security measures could be fined up to £17 million - or 4% of global turnover - under new Government proposals.

Energy, transport and health providers are among essential infrastruc­tures that could be targeted under the planned crackdown.The suggested fines are aimed at preventing hackers from crippling networks and will also cover issues like power failures and environmen­tal risks.

They would not apply to operators who had followed proper procedures but still suffered an attack, the Department for Digital, Culture, Media and Sport (DCMS) said.

Measures will include monitoring threats and detecting attacks, good staff training, and having quick-recovery systems in place.

The plans are part of a consultati­on launched by the DCMS on Tuesday with the aim of launching the Network and Informatio­n Systems (NIS) directive from May 2018.

Minister for Digital Matt Hancock said: “We want the UK to be the safest place in the world to live and be online, with our essential services and infrastruc­ture prepared for the increasing risk of cyber attack and more resilient against other threats such as power failures and environmen­tal hazards.”

He urged public and private providers to weigh-in on the consultati­on.

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