UK Government issues call for Views on post-Brexit Cyber Security Certification

Last week, the Department for Digital, Culture, Media & Sport issued a Call for Views on the certification scheme currently anticipated by Regulation (EU) 2019/881 (the Cybersecurity Act) after Brexit. The closing date for responses has been extended to 15 October 2019. In the issued document, the UK Government proposes to maintain “a close relationship with the EU … Read more

EU Council rejects European Commission’s Wi-Fi plans for connected and autonomous vehicles

In the latest development in the EU’s long-running debate on the preferred communication technology standard for connected and autonomous vehicles (CAVs), the Council of the EU has rejected the Commission’s proposed legislation favouring Wi-Fi technology (the “Regulation“). Twenty one (of twenty eight) Member States voted against the Regulation; a result seen as victory for proponents … Read more

Storming the Breaches: DCMS releases Cyber Security Breaches Survey 2019

Cyber-attacks are a continuous threat to both businesses and charities. From the Cyber Security Breaches Survey 2019 (available here as a PDF), we can see that fewer businesses are identifying breaches than in previous years, but the ones that are identifying breaches are typically experiencing more of them. Approximately 32% of businesses and 22% of … Read more

A Clearer Roadmap to Recovery: the roles of NCSC and ICO clarified at CYBERUK

The National Cyber Security Centre (NCSC) and the Information Commission Office (ICO) have clarified their roles in relation to breaches of cyber security.  NCSC manages cyber incidents at a national level to prevent harm being caused to both victims and the UK overall. It helps manage the response at a governmental level and seeks to ensure that lessons are learned to help deter future attacks. The ICO is the independent regulator for enforcing and monitoring data protection legislation and the competent authority for Digital Service Providers under the Network and Information Systems (NIS) Directive. The ICO is the first port of call for organisations who have suffered a breach of cyber security. Read more

The FCA publishes proposals to ban sale of crypto-derivatives to retain consumers

The Financial Conduct Authority (“FCA“) has published proposals to ban the sale of derivatives or exchange traded notes (“ETNs“) which reference certain types of cryptoassets (“crypto–derivatives“), to address harm posed to retail consumers. The scope of the ban would extend to the sale, marketing and distribution of all derivatives (ie. options, futures and contracts for … Read more

FCA calls for input on proposed Cross-sector Sandbox by 30 August 2019

New technologies, such as artificial intelligence (“AI“) and distributed ledger technology (“DLT“), continue to have a significant impact on the way in which firms, customers and regulators interact.  Firms introducing innovative business models whose products or services fall under the jurisdiction of different sectoral regulators can find themselves having to address competing regulatory expectations. As … Read more