New cyber security law for Switzerland: What businesses can expect
Switzerland intends to fundamentally overhaul its cyber regulation. A standalone cyber security law is set to cover manufacturers of digital products as well as operators of critical infrastructure, hosting providers and cloud service providers. For businesses, this is not just a matter of new IT security requirements: product development, management, legal and compliance functions are also likely to be affected. This may provide greater clarity – but at the same time risks creating new overlaps. The key factor will be whether the legislator succeeds in reconciling European standards, effective cyber security and workable compliance.