Governments tighten cyber regulations globally, emphasizing independent assurance and industry standards
NCC Group is closely advising governments and legislators globally on shaping new cyber laws and policies to create a more secure digital future. While politics may have delayed some reforms, cyber rules for critical infrastructure continue to tighten, and governments are also moving to assure the quality and standards of the cybersecurity industry. Emerging regulatory trends include demands for independent third-party testing of high-risk AI systems and positive global cooperation on cybersecurity, though with differing national approaches. Looking ahead to 2024, upcoming elections may lead to a policy hiatus, but incident reporting requirements and new hardware/software security standards like the EU's Cyber Resilience Act are set to strengthen. For organisations, it's crucial to get ahead of increasing cyber regulations, ensure executive buy-in, leverage policy insights, and navigate the regulatory complexity to achieve true security, not just compliance.
The report focuses on the regulatory and policy approaches of Australia, Europe, Canada, United Kingdom, United States, and Singapore.