BRUSSELS PROPOSES LAW FORCING MAJOR EU COMPANIES TO DISCLOSE CYBER ATTACKS

MAJOR companies within the European Union (EU) suffering from major cybercrime attacks will have to inform regulators under a proposed EU directive on network and information security. If the legislation is approved by the European Parliament and the EU Council of Ministers, it would assign that duty to operators of critical infrastructure in the financial, transport, energy and health sectors; IT services, such as app stores, e-commerce platforms, internet payment systems, cloud computing companies, search engines and social network; plus public ...


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