German Cabinet approves new cybersecurity guidelines.

The German government has introduced new European guidelines for cybersecurity in the economy, affecting 29,500 companies across various sectors, including energy, health, transport, and digital services, aim to enhance cybersecurity measures and protect critical infrastructures.

According to the government, the affected companies will be required to establish protective measures, such as risk analyses, emergency plans, backup concepts, and encryption solutions. 

The government added that in the event of a cyberattack, companies must report the incident within 24 hours, provide an update after 72 hours, and submit a final report within a month.

The Federal Office for Information Security (BSI) in Bonn is expected to receive more supervisory powers, enabling it to impose fines in cases of serious violations, and the new guidelines are part of the implementation of the EU's NIS-2 directive, and the Interior Ministry is also working on the KRITIS Umbrella Act to protect critical infrastructures.

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