Businesses must prepare for the UK's Cyber Security and Resilience Bill, which expands cyber security regulations similar to the EU's NIS2 Directive, impacting many IT service providers and potentially smaller businesses. Key changes include tighter incident reporting deadlines, enhanced powers for the Information Commissioner's Office (ICO), broadened definitions of critical services, and new financial obligations. To prepare, businesses should monitor developments, revise incident reporting processes, train personnel, rehearse responses, review supplier contracts, and ensure board awareness of new liabilities. Compliance is vital for protecting businesses and their reputations against increasing cyber threats.
