Designing policy to enhance cyber security requires careful balancing of costs and benefits.

Poland’s proposed new cyber security law (Act on the National Cybersecurity System2 (“CS LAW”), amending the National Cybersecurity Act) will help protect Poland against cybersecurity threats. However, it will impose compliance costs of approximately €2bn p/a on affected firms in Poland.

Cybersecurity measures are clearly important, and bring clear benefits to Poland in increasing security and lessening cyber risks. The CS LAW also introduces the concept of a High Risk Vendor (HRV) for affected sectors. This will inevitably add costs and frictions to economic activity in Poland and add barriers to trade.

Frontier has analysed the costs of implementing the cyber security measures in Poland for SinoCham (the Polish-Chinese General Chamber of Commerce). It is important that, Poland designs its policies carefully to ensure policy is designed in a way that is proportionate to the costs.

Read Frontier’s report on the costs of implementing the cyber security measures in Poland here.

For more information please contact media@frontier-economics.com, or call +44 (0)20 7031 7000.