News & Analysis as of May 29, 2025

Cybersecurity › Cyber Incident Reporting › United Kingdom

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Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk... more +

Follow this channel for advisories on one of the biggest threats to businesses today. Read a morning brief of fresh guidance and commentary by leading lawyers on security, privacy, risk management, global regulations, data protection, leaks, hacking, cyber insurance, compliance, HIPAA, and every other aspect of cybersecurity of import to corporate readers right now. less -

Will UK Cyber Reforms Keep Step with NIS2?

DLA Piper on 5/1/2025

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

FSB publishes finalised format for FIRE framework

A&O Shearman on 4/24/2025

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

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

Alston & Bird on 2/6/2025

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

UK Government Proposes Targeted Ban on Ransomware Payments

Morgan Lewis - Tech & Sourcing on 2/3/2025

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

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

BCLP on 1/31/2025

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

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

Wilson Sonsini Goodrich & Rosati on 1/27/2025

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

UK: Consultation on Ransomware payments

DLA Piper on 1/24/2025

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

EU DORA: Are you in scope, and if so, how can you prepare?

King & Spalding on 12/23/2024

The Digital Operational Resilience Act (DORA) establishes a harmonised and comprehensive framework for information and communication technology (ICT) risk management in the financial sector. It is a directly applicable EU...more

Securing our world: how businesses can prepare for and recover from cyber attacks

A&O Shearman on 11/27/2024

As part of our Cybersecurity Awareness Month program of events, we hosted our inaugural Cybersecurity Forum on October 1 at our London office and online. Compèred by Ffion Flockhart, global head of cybersecurity, the day’s...more

Communications in a Cyber Incident – Guidance

Mayer Brown on 10/25/2024

The UK National Cyber Security Centre has published guidance on effective communications in a cyber incident. While targeted at organisations generally, rather than explicitly at pension scheme trustees, the guidance contains...more

The Informed Board - Winter 2024

Skadden, Arps, Slate, Meagher & Flom LLP on 2/19/2024

The oversight obligations of boards continue to expand. Recent enforcement actions and new laws in areas such as cybersecurity, artificial intelligence and supply chains create new challenges for boards, as we explain in this...more

European Digital Compliance: Key Digital Regulation & Compliance Developments - January 2023

Morrison & Foerster LLP on 1/10/2023

To help organizations stay on top of the main developments in European digital compliance, Morrison Foerster’s European Digital Regulatory Compliance team reports on some of the main topical digital regulatory and compliance...more

Cyber laws will be updated to boost UK’s resilience against online attacks

BCLP on 12/30/2022

The UK government confirmed on 30 November 2022 that there will be changes to the UK’s cybersecurity regulations in response to a public consultation launched earlier this year. This follows recent updates relating to the...more

Operational resilience in the UK, EU and US: A comparison

White & Case LLP on 12/5/2022

With a new operational resilience framework in force in the UK and similar reforms proposed in the EU and the US, we examine how the regimes compare and their practical impact on financial services firms....more

[Event] Privacy and Cybersecurity KnowledgeShare – September 19th, London, UK

Hogan Lovells on 7/23/2019

Join us on Thursday 19 September for the Hogan Lovells Privacy and Cybersecurity KnowledgeShare in London. We will share our latest thinking on the key privacy and cybersecurity issues faced by those with data protection...more

Your daily dose of financial news - The Brief – 7.7.16

Robins Kaplan LLP on 7/7/2016

Disgraced Wall Street scion Andrew Casperson has pleaded guilty to federal wire and security fraud charges related to his Ponzi-like scheme in which he bilked nearly $40 million from friends and a private foundation....more

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