EU proposes new law for reporting cyber hacking

7 February 2013
By Sofia Mitra-Thakur
Mobile version
Share |
Firms will have to report cyber attacks if the proposals are approved

Firms will have to report cyber attacks if the proposals are approved

Around 42,000 firms in the European Union, including airports, banks and hospitals, would have to inform regulators whenever their computers are hacked, under a proposed EU law to be published this week.

The law could set a global precedent for safeguarding critical infrastructure against digital attacks that have hit companies and government departments in an era of increasing "cyber-crime" and "cyber-terrorism".

But some businesses worry they face extra costs.

Under the draft law, EU member states would have to draw up a monitoring system for companies that are critical to the economy.

Those firms would then have to report major online attacks to national authorities and reveal security breaches.

Almost 15,000 transport companies, 8,000 banks, 4,000 energy firms, and 15,000 hospitals will have to report cyber attacks if the proposals are approved by EU governments and the European Parliament.

Public administrations and operators of critical Internet services would also have to report.

Firms with fewer than 10 employees would not be covered by the legislation.

"As the online world becomes a part of everything we do, securing that world is essential to ensuring a society that remains secure, prosperous and free," EU telecoms chief Neelie Kroes said in a speech last week.

Inefficient measures on cyber security carry an economic cost in lost trade, an EU poll showed. 

In 2012, 38 per cent of the EU's Internet users said they were concerned about making payments online.

The proposed law would require all 27 EU states to appoint a national authority responsible for network and information security and to set up a computer emergency response team to handle security incidents.

Some firms say the regulations are too vague and could mean extra costs.

They also worry that being forced to divulge attacks on their networks to a regulator could be bad for their reputations.

In deciding whether to make a cyber attack public, the national authority would have to weigh the public interest in knowing about the incident against possible reputation damage.

The proposed legislation leaves it up to national authorities to decide whether companies would face any penalty for failing to report a cyber-attack.

"It is not about the criminalisation of attacks," one EU official said.

Latest Issue

E&T cover image 1607

"As the dust settles after the referendum result, we consider what happens next. We also look forward to an international summer of sport."

E&T jobs

  • Spectrum Technology Analyst

    Ofcom
    • Baldock, Hertfordshire
    • £Competitive Plus Comprehensive Benefits Package

    Ofcom is the independent regulator and competition authority for the UK communications sectors and we are globally respected for the work we do.

    • Recruiter: Ofcom

    Apply for this job

  • Test Engineering Opportunities

    HMGCC
    • Hanslope Park, Milton Keynes
    • Salary offered will depend on skills and experience

    Push incredible innovations beyond their limits. Opportunities for Software, Hardware, EMC, Test and Inspection Engineers!

    • Recruiter: HMGCC

    Apply for this job

  • Development Engineer Opportunities

    HMGCC
    • Hanslope Park, Milton Keynes
    • Salary offered will depend on skills and experience

    At HMGCC, we’re the place where exceptional creativity, ground-breaking ideas and cutting-edge technologies unite.

    • Recruiter: HMGCC

    Apply for this job

  • Head of School of Engineering and Advanced Technology

    Massey University
    • Albany or Palmerston North

    This role offers an outstanding opportunity to lead and further develop a well-established and internationally recognized School.

    • Recruiter: Massey University

    Apply for this job

  • Engineering Support Opportunities

    HMGCC
    • Hanslope Park, Milton Keynes
    • Salary offered will depend on skills and experience

    Working in one of our support roles, you’ll be integral to the creation of some of the most advanced bit of kit in the world.

    • Recruiter: HMGCC

    Apply for this job

  • Programme Manager, Network Resilience

    Energy Networks Association
    • Westminster
    • Competitive salary, dependent on experience

    Co-ordinate the network resilience, emergency planning and the Single Electricity Number (SEN) work in the ENA Engineering team.

    • Recruiter: Energy Networks Association

    Apply for this job

  • Senior Engineer - Configuration

    BAE Systems
    • Surrey, Frimley, England / England, Weymouth, Dorset
    • Negotiable

    Senior Engineer - Configuration Would you like to assist the Combat System Configuration Manager in ensuring that changes to the Common Combat System design are sufficiently assessed, approved, implemented, managed and controlled in accordance with BAE Sy

    • Recruiter: BAE Systems

    Apply for this job

  • System Planning and Investment Engineer

    SSE
    • Reading
    • 37,000 - £55,000 Plus excellent benefits package - salary depending on experience

    System Planning and Investment team act as custodian of the 132kV and EHV distribution network, provide business with technical expertise.

    • Recruiter: SSE

    Apply for this job

  • Chair in Integrated Sensor Technology

    The University of Edinburgh
    • Edinburgh, City of Edinburgh

    The University of Edinburgh is one of the world’s top 20 institutions of higher education.....

    • Recruiter: The University of Edinburgh

    Apply for this job

  • Operations Manager - Access Provisions

    BAE Systems
    • Barrow-In-Furness, Cumbria, England
    • Negotiable

    Operations Manager - Access ProvisionsWould you like to manage and improve the Access Provision across Manufacturing and Construction areas for Astute and Successor platforms? We currently have a vacancy for an Operations Manager - Access Provisions at ou

    • Recruiter: BAE Systems

    Apply for this job

More jobs ▶

Subscribe

Choose the way you would like to access the latest news and developments in your field.

Subscribe to E&T