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Is there a global consensus building that the tech sector should be held liable for cybersecurity, or the failure of cybersecurity? As the Australian Government considers.
‘â¬Åcreating a legislative framework to shift cyber security risks away from our most vulnerable members of the community towards those who are best placed to manage it, including software and cyber security service providers, telecommunications firms and technology developersâ¬.
A similar message to the one released by the White House through its National Cyber Strategy released early this month.
The EU, while not communicating as much has raised the regulatory bar against ICT vendors through tis EU NIS, DORA Directives and its proposed CRA.
Australia’s Minister for Home Affairs added â¬ÅBusiness do not feel that their cyber security obligations are clear or easy enough to follow,⬠she said, adding that industry responsibilities should be better aligned â¬Åso that cyber risks are managed by those best-placed to do so.
Cyber legislation is developing and ICT providers will be impacted, driving cybersecurity into products and services. One wonders how the legal liabilities will develop, where they will start and where they will stop?
Ted Dziekanowski Stephen Pitt-Walker, JD, FGIA Rachel V. Rose, JD, MBA
#cyberlaw #cybersecurity #cyberriskmanagement #oncd #nis2 #dora
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