The Cybercrimes and Cybersecurity Bill (the Bill) was opened for public comment this week. The practical impact of the Bill on all organisations and on individuals is significant. We will only have a short window of opportunity to engage in shaping this important Bill, which creates risk for the private sector.
The Bill has a very wide application and creates a new set of cybercrimes. It also imposes extensive cybersecurity obligations on electronic communications service providers, financial institutions, payment system institutions, and any company, entity, or person which owns or controls an information infrastructure which is declared to be critical. It also provides for information sharing between government (through its Cybersecurity Hub) and the private sector, and the sharing of information with foreign states. We understand that talks are already underway with stakeholders in the logistics, financial, and communications sectors on information sharing arrangements.
Comments can be emailed to Mr V Ramaano by no later than Friday, 28 July 2017. Public hearings will be held in Parliament.
Click here to view the Cybercrimes and Cybersecurity Bill