TheCityUK and Marsh have jointly published a report urging UK financial and related professional services sectors to step up their efforts to address cyber risk. The report (headed “Cyber and the City”) suggests that cybersecurity is still not being given the priority it deserves, particularly given the substantial disruption, costs and reputational damage that can

This post was written by Cynthia O’Donoghue.

In early July, the European Parliament adopted a new directive harmonizing the criminal laws relating to cyberattacks (Directive). It will replace the current nonbinding agreement between EU countries from 2005 (Framework Decision 2005/222/JHA). The Directive aims to harmonise the approach to cybercrime, by requiring all

ENISA, the European Union Agency for Network and Information Security, issued its Annual Incidents Report 2012. The report has been issued under Article 13a of the Common Regulatory Framework Directive (1009/140/EC) for electronic communications networks and services. The report highlights that 18 European Union countries reported 79 significant incidents during 2012. Only