Proposed UK ransomware legislation could 'exacerbate cyber BI losses'
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Proposed UK ransomware legislation could 'exacerbate cyber BI losses'

The global nature of cyber means a UK ransomware pay license would have "no material impact" locally.

By Abbie Day
June 12, 2024
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UK officials are considering more stringent legislation on ransomware attacks, including mandatory reporting of attacks and licensing for extortion payments, which could add an unhelpful layer of bureaucracy to an already time sensitive process, and exacerbate BI costs.

According

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Opinion Cyber Regulation
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