Due to the ever-increasing threats on cyber security, the German Government has recently passed a legislation that requires more than 2000 service providers to implement new standards on information security. Failure to comply with this law within the time frame of 2 years would lead to penalties of up to $111,000. This law is going to affect various institutions in different industries including transportation, water utilities, health, finance firms, and telecommunications. According to the Interior Minister, Thomas de Maiziere, these planned cyber security measures are considered as an important step for Germany. Go to rt.com to read the entire article.