New bills target cyber security and smart data protection

TLDR:

– The UK Government is introducing new Bills for cybersecurity and smart data as part of its economic growth strategy.

– The Cyber Security & Resilience Bill will enhance cybersecurity measures, while the Digital Information & Smart Data Bill will promote innovative uses of data.

Government Lines Up New Bills for Cyber Security and Smart Data

The UK Government has announced plans to strengthen the country’s cybersecurity and resilience, as well as leverage data for economic growth. Two new Bills are set to be introduced:

The Cyber Security & Resilience Bill will:

• Empower regulators to enforce better cybersecurity defenses among firms.
• Expand regulatory measures and reporting requirements to enhance awareness of cyber threats.

The Digital Information & Smart Data Bill will:

• Establish digital verification services for secure online interactions.
• Facilitate the secure sharing of customer data with authorized third-party service providers.
• Modernize and strengthen the Information Commissioner’s Office.

While the Bills aim to promote economic growth and data innovation, specifics on GDPR alignment and AI regulation are yet to be detailed. The DMA is supportive of the reforms, emphasizing the balance between innovation and privacy.

Overall, the Bills signal the Government’s commitment to enhancing cybersecurity measures and leveraging data for economic development, with a focus on responsible data use and privacy.