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Firms face big fines for cybersecurity failings

Source: Sky News

The fines aim to heighten security to prevent hack attacks

Multimillion-pound fines will be dealt to organisations without strong cybersecurity measures under new Government proposals.

Energy, transport and health providers are among essential infrastructures facing fines of up to £17m – or 4% of global turnover.

The suggested fines are aimed at preventing hackers from crippling networks, as happened earlier in the summer with NHS systems.

Measures will include monitoring threats and detecting attacks, good staff training, and having quick recovery systems in…

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