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Cyber attacks and IT security breaches are being constantly reported (the “Panama Papers” being the most recent spectacular example), and almost certainly represent just the tip of the iceberg. No one can doubt that cybersecurity is a very significant global issue with cybercrime a major international menace ' any statistics about these issues always make for grim reading.
In the European Union (EU) a number of EU Member States already have some sort of national cybersecurity rules in place, but there is nothing uniform at an EU-wide level and so the EU is introducing new rules aimed at redressing this gap in the form of the (European Commission proposed) “Directive of the European Parliament and of the Council concerning measures to ensure a high common level of network and information security across the European Union” (EU Cybersecurity Directive, sometimes also referred to as the NIS Directive).
At the end of last year, high-level EU political agreement was reached on these rules and their finalization is now awaited. This article sets out in brief the main features of these forthcoming rules.
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