EU Parliament Approves New Cybersecurity Rules

POWER | July 8, 2016

The European Union (EU) parliament on July 6 approved the first community-wide rules designed to bolster cybersecurity throughout the EU.

According to the official statement, the new law “lays down security and reporting obligations for ‘operators of essential services’ in sectors such as energy, transport, health, banking and drinking water supply. EU member states will have to identify entities in these fields using specific criteria, e.g. whether the service is critical for society and the economy and whether an incident would have significant disruptive effects on the provision of that service.”