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Cyber Incident Reporting Reporting Requirements United Kingdom

DLA Piper

Will UK Cyber Reforms Keep Step with NIS2?

DLA Piper on

Since its announcement during the King’s Speech on 17 July 2024, there has been much anticipation over the contents of the Cyber Security and Resilience Bill (“CS&R Bill“) and in particular the extent to which it will bring...more

A&O Shearman

FSB publishes finalised format for FIRE framework

A&O Shearman on

The Financial Stability Board (FSB) has published its finalised Format for Incident Reporting Exchange (FIRE), together with a press release and updated webpage. FIRE provides a standardised format for financial institutions...more

Morgan Lewis - Tech & Sourcing

UK Government Proposes Targeted Ban on Ransomware Payments

On January 14, the UK government published a consultation on new measures to tackle the increasing threat of ransomware attacks. Ransomware is malicious software (malware) that infects a victim’s computer system and prevents...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

DLA Piper

UK: Consultation on Ransomware payments

DLA Piper on

On 14 January 2025, the UK Home Office published a consultation paper focusing on legislative proposals to reduce payments to cyber criminals and increasing incident reporting. ...more

A&O Shearman

Operational Incident Reporting: UK Financial Regulators Propose New Rules

A&O Shearman on

The Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England are consulting on proposals to require firms to report operational incidents and material third party arrangements. In the face...more

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