UK Mobile And Broadband Carriers Face Fines Of $117K Over New Cybersecurity Rules Disobedience
Sep 2, 2022 ·
2m 32s
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Description
The UK government announced a new, sweeping set of rules it will be imposing on broadband and mobile carriers to tighten up their network security against cyber-attacks aimed at being...
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The UK government announced a new, sweeping set of rules it will be imposing on broadband and mobile carriers to tighten up their network security against cyber-attacks aimed at being among the strongest in the world when they are rolled out.
The new requirements cover areas such as how providers can procure infrastructure and services; how providers police activity and access; the investments they make into their security and data protection and the monitoring of that; and more.
The rules will start to get introduced in October, with carriers expected to fully implement new procedures by March 2024.
Critically, those who fail to comply with the new regulations will face big fines: non-compliance can result in up to 10% of annual revenues; continuing contraventions will see fines of £100,000 per day.
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The new requirements cover areas such as how providers can procure infrastructure and services; how providers police activity and access; the investments they make into their security and data protection and the monitoring of that; and more.
The rules will start to get introduced in October, with carriers expected to fully implement new procedures by March 2024.
Critically, those who fail to comply with the new regulations will face big fines: non-compliance can result in up to 10% of annual revenues; continuing contraventions will see fines of £100,000 per day.
Information
Author | Africa Business Radio |
Organization | Africa Business Radio |
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