Thursday 20 February 2014

European Information Security Summit

The Summit was held at the British Museum (18-19 February).Videos of the talks will be available shortly.

One development discussed in many Panels, and of particular interest, is Europe's new data regime. The European data privacy framework includes a new regulation and a new directive, and will apply to all 27 European member states. The package of measures is aimed at fundamentally overhauling and harmonising the EU’s data protection regime, and will introduce enhanced rights for individuals and tough penalties for non-compliance. It is designed to eliminate the uncertainty created by a patchwork of data protection laws and data breach notifications faced by businesses. One result of this new regime would be that the level of possible fine would increase significantly from the current ICO's limit (in the UK), possibly to between 2 and 5% of a company's global revenue.

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