Hong Kong's Legislative Council has approved its first cybersecurity-focused legislation, the Protection of Critical Infrastructure (Computer System) Bill. This landmark bill aims to fortify cybersecurity across key sectors like energy, banking, and healthcare amid increasing cyberattacks. Operators failing to maintain their systems could face fines up to HK$5 million. As part of the implementation, a commissioner's office will be established, and data classification will commence by June 2024, with the law designed to take effect on January 1, 2026.
The newly passed Protection of Critical Infrastructure (Computer System) Bill in Hong Kong imposes hefty fines to enhance the cybersecurity of crucial sectors.
Operators for critical infrastructure must now ensure their computer systems are up to date or face fines of up to HK$5 million.
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