Sport companies which do not take adequate measures to prevent cyber attacks, leaving infrastructure services such as transport or health exposed, could face financial penalties in a draft proposal from the Network and Information Systems , and Sport . Although dubbed a last resort, fines of $22m ( up to £17m ) or 4% of global turnover could be imposed. The proposal is part of a recently launched government consultation on the Department for Digital, Culture, Media directive, set to take effect from May 2018 .
UK companies which do not take adequate measures to prevent cyber attacks, leaving infrastructure services such as transport or health exposed, could face financial penalties in a draft proposal from the Department for Digital, Culture, Media, and Sport. Although dubbed a last resort, fines of up to £17m ($22m) or 4% of global turnover could be imposed. The proposal is part of a recently launched government consultation on the Network and Information Systems directive, set to take effect from May 2018.