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Mark Jones, a partner at Paynes Hicks Beach LLP, said there were also concerns that the mandatory reporting requirement could then trigger regulatory scrutiny. The government would have to assure companies that the information would remain confidential if it wants to win support for legislation, Jones said.
“I would also hope to see measures to support those who are victims of ransomware, rather than simply add to the stress of the situation,” Jones added.
For further information, please contact Mark Jones or your usual contact in the Dispute Resolution Department or, alternatively, telephone on 020 7693 5875
