Cyber Law Watch – Page 48 – Insight on how cyber risk is being mitigated and managed across the globe

Reports and Surveys Updates

Feb 15 2015

The Emergence of Cybersecurity Law Report
The Emergence of Cybersecurity Law report released by Hanover Research outlines trends and strategies in respect of in house counsel’s involvement in companies’ cybersecurity efforts.

See the report here.

Eurobarometer report on cybersecurity
European Commissions publishes special Eurobarometer report on cyber ecurity which shows EU citizens have significant concerns about cybercrime threats.

See the report here.

Government Regulation, Legislation and Enforcement Updates

Feb 01 2015

by Jim Bulling and Julia Baldi

China Introduces new Cybersecurity Laws
China introduced new cybersecurity laws, which require both local and foreign banks and financial institutions with Chinese clients (including Australian financial institutions) to use IT equipment deemed “secure and controllable” by Beijing. The breadth of the laws has upset foreign financial institutions given the potential cost of compliance if foreign entities must implement IT equipment systems in accordance with Chinese directives.

See the Financial Times report here.

Malaysia Airlines Breach

Jan 28 2015

by Jim Bulling and Julia Baldi

Malaysia Airlines was hacked on 26 January 2015, with visitors to malaysiaairlines.com being confronted by an image of a lizard in a top hat, monocle and tuxedo. In addition, customer data appeared to have been leaked online.

See the Bank Info Security post about the breach here.