UK threatens £100K-a-day fines under new cyber bill
ID: 3d22d1bb-4ffa-52de-9adb-f9768c568d97
STIX ID: report--3d22d1bb-4ffa-52de-9adb-f9768c568d97
Feed Name: The Register (Security)
The UK detailed its Cyber Security and Resilience (CSR) Bill, expanding critical infrastructure regulation to include managed service providers (and potentially datacenters), strengthening regulator enforcement and information-gathering powers, mandating faster incident reporting (initial within 24 hours and full within 72) to regulators and the NCSC, and enabling government to issue ad-hoc security directives backed by fines up to £100,000 per day or 10% of turnover; the bill also allows rapid regulatory updates and a unified strategic priorities statement to keep pace with evolving threats, citing recent attacks and escalating risks to national infrastructure as justification.
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