Japan Prime Minister Shigeru Ishiba implements a new cybersecurity defense law ahead of national elections to take proactive measures against cyber threats. The legislation allows the government to monitor online communications and requires private companies to report cyberattacks.
New cybersecurity rulings due to come into full force less than a month from today are being blocked in the US Congress and the House of Representatives. The new rulings include the mandatory reporting of any ‘material’ cyber-attack within four working days and were drawn up by the Securities and Exchange Commission (SEC). But, according to a statement issued by Congressman Andrew Barbarino, Chairman of Homeland Security’s Cybersecurity and Infrastructure Protection Subcommittee, and Senator Thom Tillis: “This cybersecurity disclosure rule is a complete overreach on the part of the SEC … also increasing cybersecurity risk without a congressional mandate and in direct contradiction to public law that is intended to secure the homeland.”
Some aspects of the US Securities and Exchange Commission (SEC)’s stringent new
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