New EU Cybersecurity Laws to Cover Online Banking, Markets
The European Union (EU) parliament has approved a new set of cybersecurity laws, ordering firms in “essential service” industries like banking, health, energy and transport to bolster their defenses against cyber-attacks. The EU network and information security (NIS) directive represents the first EU-wide standards on cybersecurity. According to an EU parliament statement, they are designed to increase cooperation between member states as well as to prevent attacks on EU countries’ interconnected infrastructure. EU Parliament rapporteur Andreas Schwab said: “Cybersecurity incidents very....
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The US Department of the Treasury announced Thursday a new initiative designed to reduce the growing cybersecurity risks facing the crypto industry. The program, led through the Department’s Office of Cybersecurity and Critical Infrastructure Protection (OCCIP), is intended to give eligible US digital asset firms practical cybersecurity information. The goal is straightforward: help companies spot threats, […]
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