The UK government has announced that businesses providing essential services like energy and transport could be fined as much as £17m or 4 per cent of global turnover for failing to have effective cyber security measures in place. The proposals from the Department for Digital, Culture, Media & Sport satisfy requirements under the EU Network and Information Systems (NIS) Directive, which comes into effect next May. Critical infrastructure firms will also be required to show they have a strategy to cover power failures and environmental disasters.
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ORIGINAL SOURCE: The Register