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Home News

Reduced Fines for UK Data Breaches

September 13, 2023
Reading Time: 1 min read
in News

British organizations that experience data breaches may receive reduced fines if they proactively report and cooperate with the National Cyber Security Centre (NCSC), according to a memorandum of understanding (MOU) signed by the NCSC and the Information Commissioner’s Office (ICO).

Furthermore, this MOU aims to improve cybersecurity standards and prevent data breaches across the UK while preserving the confidentiality of reports. It highlights that engaging with one agency does not permit the sharing of information with the other, emphasizing the need to maintain trust among reporting organizations.

The MOU also includes provisions for sharing anonymized information about cyber incidents, promoting cybersecurity guidance, and enhancing the country’s cyber resilience.

Reference:
  • Memorandum of Understanding between the National Cyber Security Centre and the Information Commissioner
Tags: Cyber NewsCyber News 2023CybersecurityData BreachInformation Commissioner’s OfficeMOUNCSCSeptember 2023UK
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