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Cyber Incident Reporting Data Privacy United Kingdom

Alston & Bird

UK Government Proposes Targeted Ban on Ransom Payments and Increased Ransomware Incident Reporting

Alston & Bird on

On January 14, 2025, the United Kingdom government published a consultation on ransomware proposing new measures to increase incident reporting and reduce ransom payments (the “Consultation”). The Consultation outlines three...more

BCLP

Cybersecurity Risks for Financial Services Firms: Proactive Strategies to Stay Ahead

BCLP on

The 2024 CrowdStrike outage and the ransomware attack on NHS partner Synnovis hit mainstream news and highlighted the fragility of ICT supply chains and the risks posed by cyber incidents....more

Wilson Sonsini Goodrich & Rosati

Ransomware Attacks: UK Government Proposes Ransom Payment Ban and Mandatory Notification Requirements

On January 14, 2025, the UK government unveiled a proposed framework aimed at combating the rise of ransomware attacks by implementing a payment prevention and reporting regime. This would require companies to not only report...more

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