The Olswang Cyber Alert October 2014

United Kingdom

This article was produced by Olswang LLP, which joined with CMS on 1 May 2017.

Welcome to the second edition of Olswang's Cyber Alert, a regular round up of regulation, best practice and news from our international cyber breach and crisis management team. It is European Cyber Security month, and there is no doubt that cyber security is rising up the international as well as the business agenda. NATO recently adopted an amendment to its charter to put cyber attacks on the same footing as armed attacks - see paragraph 72 of NATO's Declaration,

In this edition:

  • In our lead article, EJ Hilbert, Managing Director, Cyber investigations, Kroll EMEA, considers the true cost of cybercrime;
  • In our standards and benchmarks section we consider the new ISO standard for processing PII in the cloud, new standardisation guidelines for cloud computing SLAs and look at the UK's new certification scheme Cyber Essentials.
  • On our regulatory radar in this edition we track the progress of EU legislation on data and cyber breach notification, and draft US legislation and look in depth at new cyber security legislation in France and Germany and proposals to strengthen criminal penalties in the UK. We also look at a first of its kind ruling by the French data protection regulator, the CNIL, over supply chain security breaches, and at the impact UK fines are having on security compliance.
  • In our threat vectors section we highlight just some of the breaches and threats which have been in the headlines over the summer.

Please click here to view a full copy of the Alert.