News & Analysis as of

Cyber Threats United Kingdom

Epiq

The Rising Threat of Cyber Incidents

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In today’s digital world, cyber incidents pose a significant risk to businesses of all sizes. From data breaches to ransomware attacks, organisations face a barrage of threats and unfortunately, the discussion has moved from...more

NAVEX

Data Privacy & Protection – Swimming into the Unknown

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If you feel like every day you wake up to a new data privacy law or piece of guidance, you’re not dreaming. Regulation and rulemaking are happening faster than ever before. The complexities relating to ethical data usage are...more

Morgan Lewis - Tech & Sourcing

UK Government Publishes Cybersecurity Breach Survey

As cybersecurity breaches remain a common threat globally, the UK government has published a cybersecurity breach survey detailing various cybersecurity policies, processes, and reliances for all types of business....more

Alston & Bird

UK’s National Cyber Security Centre Releases 2022 Annual Review

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The United Kingdom’s National Cyber Security Centre (NCSC) recently released its 2022 Annual Review, which reports on the state of cyber security threats in the country. As the UK’s technical authority for cyber security, the...more

White & Case LLP

Cyber security breaches: how would you answer the crucial question?

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The crucial question that a company and its board will face if it suffers a cyber security breach is: "Had you taken reasonable steps to try to prevent a breach, and to prepare to handle any breach that occurred?" If the...more

Morgan Lewis - Tech & Sourcing

UK Government to Introduce New Rules to Protect Telecoms Networks Against Cyberthreats

The Department for Digital, Culture, Media & Sports (DCMS) confirmed on August 30, 2022, that it will push forward with tough new regulations and a code of practice to bolster the security and resilience of the United...more

Williams Mullen

Data & Security Legal Update: Russian Cyber-Attacks, and More

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Activity in the cybersecurity and data protection space continues to pick up as new laws and regulations are enacted in the U.S. and overseas. Highlighted below are five recent developments that could impact your business . ....more

WilmerHale

PRA messaging around firms’ operational resilience to cyber threat

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In May the PRA’s Lyndon Nelson gave a speech about the development of the Regulator’s response to cyber risk. In his speech he...more

Hogan Lovells

Financial institutions general regulatory news, March 2021 # 3

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AI Public-Private Forum: BoE publishes minutes of second meeting The Bank of England (BoE) has published minutes from the second meeting of the Artificial Intelligence Public-Private Forum (AIPPF), which was held on 26...more

Hogan Lovells

Payments regulatory news, December 2020 # 2

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PIs and EMIs: HM Treasury consults on a new special administration regime - HM Treasury is consulting on proposed insolvency changes for payment institutions (PIs) and electronic money institutions (EMIs), including a...more

Akin Gump Strauss Hauer & Feld LLP

Two Note-Worthy Developments From the UK: National Data Strategy and UK-US Partnership on AI

Two developments in the United Kingdom demonstrate the country’s renewed commitment to a sustainable data strategy with appropriate privacy and security safeguards. First, on September 9, 2020, the U.K. government published a...more

Alston & Bird

UK National Cyber Security Centre Advisory: Russian Attackers, APT29, Targets Companies Involved in COVID-19 Vaccine Development

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The UK National Cyber Security Centre and Canada’s Communications Security Establishment released an advisory linking APT29 (also known as, ‘the Dukes’ or ‘Cozy Bear’) to attacks against COVID-19 vaccine development in...more

Troutman Pepper

U.S. and U.K. Agencies Warn of Increased COVID-19 Related Cyber Threats

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As we reported in March, the COVID-19 pandemic is being leveraged by malicious cyber actors to make various cybersecurity attacks. ...more

Skadden, Arps, Slate, Meagher & Flom LLP

UK Government Issues Report on Huawei Vulnerabilities

On March 28, 2019, the Oversight Board of the United Kingdom’s Huawei Cyber Security Evaluation Centre (HCSEC) released a report identifying “serious and systematic defects in Huawei’s software engineering and cyber security...more

King & Spalding

Financial Services: UK Regulators Shine a Spotlight on Cybersecurity and Technology Resilience

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In a paper published last month,[i] the UK’s Financial Conduct Authority (“FCA”) set out various cybersecurity insights gleaned from the work of cyber coordination groups (“CCGs”) the regulator established in 2017. The...more

A&O Shearman

Governance & Securities Law Focus: Europe Edition - January 2019

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In this newsletter, we provide a snapshot of the principal European, US and selected international governance and securities law developments of interest to European corporates. ...more

Skadden, Arps, Slate, Meagher & Flom LLP

Privacy & Cybersecurity Update - March 2018

In this month's edition of our Privacy & Cybersecurity Update, we discuss all 50 states now having data breach notification laws, state attorneys general and their opposition to a federal data breach notification law, the FBI...more

Latham & Watkins LLP

Buyout Firms Must Take Action to Respond to Global Cyber Threats

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Cybercrime has become a critical issue for buyout firms as hackers are increasingly targeting sensitive business data to profit from insider knowledge. According to a Private Funds Management survey of 91 PE houses, 54% of PE...more

Jones Day

Global Privacy & Cybersecurity Update Vol. 14

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New York Attorney General Announces Record Number of Data Breach Notices in 2016 - On March 21, 2017, the New York Attorney General's Office announced that it received 1,300 reported data breaches in 2016—a 60 percent...more

Latham & Watkins LLP

Banking on IT

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The European Banking Authority (EBA) has published its consultation document on security measures for operational and security risks under the revised Payment Services Directive (PSD2). The WannaCry ransomware attack that...more

A&O Shearman

Cyber risk: practical actions to improve data security

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Cybersecurity is a topical issue for pension schemes, and an increasingly important regulatory risk. Not only does the Pensions Regulator believe that trustees should be taking action to mitigate cyber risks, but there is...more

Cooley LLP

Blog: PRA consultation: Supervisory Statement on affirmative & silent cyber underwriting risk

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The PRA has published a Consultation Paper, which proposes the adoption of a new Supervisory Statement on affirmative and silent cyber underwriting risk. The consultation closes on 14 February 2017. For these purposes,...more

K&L Gates LLP

Draft Investigatory Powers Bill 2015

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On 4 November 2015 the Home Secretary published a Draft Investigatory Powers Bill (the “Bill”), emphasising its importance in combating the increasingly sophisticated communication technologies used by criminals to intercept,...more

Pillsbury Winthrop Shaw Pittman LLP

How Businesses Can Reduce Cyber Risk: Pre and Post Incident: Businesses Need to Take a More Proactive Approach to Reducing What Is...

As the volume of sensitive data that businesses store ever increases, the use of mobile devices continues to grow and cyber villains become ever more sophisticated, it is perhaps of no surprise that we hear about new...more

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