A new security law which unveils on Tuesday threatens telecoms giants with hefty fines if they fail to tighten security. The security bill still bans the involvement of Chinese firm Huawei in the UK’s 5G mobile network. What it reads further is that companies which fail to meet deadlines for higher security requirements could face enormous fine too.
Huawei ban: UK networks breaking new law face big fines https://t.co/YCFwWtm5Oh
— BBC News Technology (@BBCTech) November 24, 2020
It is in feeds that the fine could cost 10% of turnover, or more than £100,000 a day. Endeavors to ban Huawei from the 5G organization have been proceeding for over a year. However, the new bill is the initial phase in revering such boycotts in law, and offers subtleties of precisely how it will function – expecting Parliament passes it.
Huawei software is BS. Huawei is on its last legs. Huawei is on life support.
— Umbro Khan (@umbrokhan786) November 24, 2020
The bill furnishes government with national security powers, permitting it to offer guidelines to the huge telecoms organizations, for example, BT about how they use “high risk” sellers including Huawei.
Huawei Ban and opinions-
— MDA1090 (@MunishDass) November 24, 2020
Another measure contained inside the draft law is that any organizations which don’t satisfy hopes will confront weighty fines for disappointment. The undermined amount of £100,000 a day would just be utilized on account of “continuing contravention”, the Government Stated.
— Anjan Bhagawati (@sin12reader) November 25, 2020
The new #Telecommunications (Security) Bill aims to create national #security powers capable of imposing controls on when – if at all – a telecoms firm can use material supplied by companies like #Huawei. #CNI #Cybersecurityhttps://t.co/R9syZRJs3L
— Colette Weston 🏊🏻♀️🚴🏼♀️ (@ColetteWeston) November 24, 2020
“We are investing billions to roll out 5G and gigabit broadband across the country, but the benefits can only be realised if we have full confidence in the security and resilience of our networks,” Digital Secretary Oliver Dowden said.