The European Commission has been working hard on new regulations in the hopes of curbing EU cybercrime. These regulations will impact approximately 40,000 businesses, but are apparently welcomed by most of these organisations.
The recently launched European Cybercrime Centre is behind this movement to ensure that all European countries have the tools to fight online organized crime. A recent study by PwC indicated that ¾ of small business in the UK, and 93% of large ones had suffered some sort of cybersecurity breach. Behind these regulations is not only scary statistics, but also the need for public reporting when security breaches do occur within organisations. By sharing breaches with the public immediately, users can reset passwords to protect their information, and companies can work on preventing future damage. Read more on recent hack attacks on big companies.
Highlights of the Proposed New Regulations:
Every EU country would need a Computer Emergency Response Team (CERT).
- National Cybercrime Units
Each EU country would need to identify an authority for organisations to report security breaches to.
- Data Encryption
All companies would be required to encrypt all data.
As of right now, there doesn’t seem to be a date set for the announcement of what the final regulations will be. But in the meantime, we recommend you install powerful security on your computer. Use BullGuard Internet Security to keep you safe: the complete solution against all online threats that lets you surf, bank, shop and game online without interruption.