Cybersecurity (Amendment) Bill

Explore the details of bill number 15/2024.

Summary

  • The Cybersecurity (Amendment) Bill 2024 seeks to amend the Cybersecurity Act 2018 by renaming critical information infrastructure to "provider-owned critical information infrastructure" and introducing new classes of regulated entities regarding cybersecurity.
  • It introduces provisions for the designation and regulation of third-party-owned critical information infrastructure, systems of temporary cybersecurity concern, and entities of special cybersecurity interest.
  • The Commissioner of Cybersecurity is given expanded powers to enforce compliance, conduct audits, and impose penalties for non-compliance, including the ability to impose civil penalties instead of criminal prosecution.
  • New definitions and frameworks for cyber risk management measures are established to include virtual computers and foundational digital infrastructure services like cloud computing and data center provisions.
  • A transitional framework is provided to facilitate the smooth implementation of these amendments, ensuring ongoing compliance and regulation of existing cybersecurity infrastructures.

Summary written by AI (edit)

Timeline

Bill introduced

The bill is formally presented in Parliament for consideration.

5 months ago

First reading

The bill's title and key objectives are read out, but no debate occurs at this stage.

5 months ago

Second reading

Members of Parliament debate the bill's general principles and overall merits.

4 months ago

Select committee

The bill is examined in detail by a select committee, which may suggest amendments.

4 months ago

Third reading

Members of Parliament debate the final version of the bill, including any amendments made.

4 months ago

Voting

The bill is voted on by the Members of Parliament and, if it receives the required majority, it becomes law. Do note that an exact vote may not be counted; the 'ayes' can simply be louder than the 'noes'.

4 months ago

Bill passed

The bill is passed and becomes law.

4 months ago