Feeds

Commission to Euro biz: Show us your breaches

Draft EU cyber-laws will ask firms to 'fess up about violations

Next gen security for virtualised datacentres

EU businesses could be required to flag up any breaches of their "network and information systems" under a new "strategic" action plan to combat cyber security problems across the trading bloc.

The European Commission is planning to draft new laws on cyber security that could introduce a requirement for businesses to report when their "essential" systems, including the internet, have been disrupted due to "cyber incidents". It has launched a consultation seeking the views of Governments, businesses and others and said the views would help it form its legislative plans.

"The Commission is considering the introduction of a requirement to adopt risk management practices and to report security breaches affecting networks and information systems that are critical to the provision of key economic and societal services (eg, finance, energy, transport and health) and to the functioning of the Internet (eg, e-commerce, social networking)," the Commission said in a statement.

"Feedback received will help the Commission draw up an approach to possible future risk management and security breach reporting requirements that would affect businesses in particular," it added.

The Commission is seeking to expand the existing security breach notification regime that operates in the telecoms sector.

Currently telecoms operators and internet service providers are required, under the EU's Privacy and Electronic Communications Directive, to "take appropriate technical and organisational measures to appropriately manage the risks posed to security of networks and services" and take measures to "prevent and minimise the impact of security incidents on users and interconnected networks." The Directive requires that the network or service providers notify national regulators of any "breach of security or loss of integrity that has had a significant impact on the operation of networks or service".

Regulators can share details of the incidents with regulators in other EU member states and can require that the public is also notified of breaches if it is in the public interest for the notification to be made, under the terms of the Directive.

The Commission said that the number of cyber incidents are increasing and that there had been a "five-fold increase in companies reporting security incidents with a financial impact between 2007 and 2010". It said its aim is to "enhance preparedness, strengthen the resilience of critical infrastructure as well as to foster a cyber-security culture in the EU."

Copyright © 2012, Out-Law.com

Out-Law.com is part of international law firm Pinsent Masons.

The essential guide to IT transformation

More from The Register

next story
The Return of BSOD: Does ANYONE trust Microsoft patches?
Sysadmins, you're either fighting fires or seen as incompetents now
Microsoft: Azure isn't ready for biz-critical apps … yet
Microsoft will move its own IT to the cloud to avoid $200m server bill
Oracle reveals 32-core, 10 BEEELLION-transistor SPARC M7
New chip scales to 1024 cores, 8192 threads 64 TB RAM, at speeds over 3.6GHz
US regulators OK sale of IBM's x86 server biz to Lenovo
Now all that remains is for gov't offices to ban the boxes
Object storage bods Exablox: RAID is dead, baby. RAID is dead
Bring your own disks to its object appliances
Nimble's latest mutants GORGE themselves on unlucky forerunners
Crossing Sandy Bridges without stopping for breath
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
7 Elements of Radically Simple OS Migration
Avoid the typical headaches of OS migration during your next project by learning about 7 elements of radically simple OS migration.
BYOD's dark side: Data protection
An endpoint data protection solution that adds value to the user and the organization so it can protect itself from data loss as well as leverage corporate data.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?