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Peers ask why UK cyber bill leaves execs off the personal liability hook

The Register · Securityby Connor Jones ()5 min read1 · 1 read
AI summary · glm-5.3-flashSummaries by Vani AI

UK peers propose amendments to the Cyber Security and Resilience Bill adding personal executive liability and board-level cyber responsibility; government defends fines-only approach.

Baronesses Kidron and Ludford backed amendments to the UK Cyber Security and Resilience Bill that would introduce personal civil liability for senior executives and mandate board-level cybersecurity responsibility, citing NIS2 and financial-sector accountability rules. Cybersecurity minister Baroness Lloyd defended the bill's existing regime of fines up to £17 million or 4% of annual turnover, with governance requirements to come via secondary legislation. Peers also debated the bill's 24-hour and 72-hour incident reporting requirements, with Baroness Harding proposing an additional 14-day intermediate report and a one-month final report.

Key facts
  • Amendments would impose personal civil liability on executives for consent, connivance, or negligent security failures.
  • Government cites maximum fines of £17 million or 4% of annual turnover as its enforcement regime.
  • Baroness Harding proposed adding a 14-day intermediate and one-month final incident report.
  • Critics warned the 'capable of having an adverse effect' wording could cause defensive over-reporting.
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From the original article

5 min read at theregister.com

Ministers say £17M corporate fines and forthcoming board-level governance rules provide sufficient accountability

The Register · Security

By Connor Jones · theregister.com

Read the full article at The Register · Security

A short excerpt; the article and its images belong to the publisher. Summary, key facts and assessment above are AI-written from the article and can be wrong.