Legal drivers for cyber security

No ratings

Presented at 44ConCyberSecurity 2015 by

Legal Drivers in Cyber Security: Many or None? What are the real drivers for Cyber Security? Certainly not the Data Protection legislation, which while theoretically being enforceable with a fine of up to £500,000, is rarely enforced. Most breaches of that legislation go unnoticed, let alone invoke a sanction. Most businesses will retort that they are concerned about their reputation, but does the truth match the perception? Dai explores the dangers of lack of security and what businesses can and do suffer as a result of lack of security. Criminal sanctions in the form of the Computer Misuse Act, 1990 are examined as is the civil fining regime of the Data Protection legislation. There is also the possibility under this latter data protection legislation for an aggrieved individual to claim damages, but as Dai shows , this also is a theoretical rather than a practical remedy. Dai examines the purely economic risk of “loss of reputation” as well as the special case of businesses falling under the remit of the Financial Conduct Authority. Dai will also examine the implications of lack of security in the Internet of things and whether there are legislative or other drivers to make the Internet of Things secure.