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Peers ask why UK cyber bill leaves execs off the personal liability hook
Ministers say £17M corporate fines and forthcoming board-level governance rules provide sufficient accountability Peers have questioned why the UK's Cyber Security and Resilience Bill does not allow regulators to penalize senior executiv…
AI Summary
Peers have raised concerns that the UK Cyber Security and Resilience Bill does not permit regulators to impose personal penalties on senior executives when non‑compliance results from their consent, connivance, or negligent neglect. Ministers counter that the bill’s provision for £17 million in corporate fines, together with forthcoming board‑level governance rules, offers adequate accountability for such failures.
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