EU law makers reach deal on new network and information security rules

Out0Law.com reports:

Representatives from the European Parliament and Council of Ministers reached a political consensus on the wording of a new Network and Information Security (NIS) Directive after nearly two years of negotiations.

The draft Directive, still to be formally approved by MEPs and the Council, will require businesses subject to it to put in place appropriate security measures to protect their networks and data against cyber security incidents and to report serious breaches to regulators.