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ARTICLE · 25 AUGUST 2017

Cybersecurity In The Isle Of Man

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In recent months many major companies across a diverse range of industries have been the victims of hacking.

Isle of ManWealth Management

In recent months many major companies across a diverse range of industries have been the victims of hacking.

Unlike previous hacks in the past such as the Mossack Fonseca release of confidential information, these are financially motivated through the use of Ransomware. This is why it has never been more important for businesses to have full understanding of the requirements imposed on them by law to prevent financial and reputational loss to their business. Not only will a business suffer but individuals in that company, such as directors, may have criminal proceedings brought against them and could be subject to fines. This article will provide you with a quick overview of the cybersecurity legislation in place on the Isle of Man.

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