Jurisdiction(s):
United Kingdom

Related legal acts

Key definition

Priority definition

What does Priority mean? Priority describes the order in which competing proprietary rights and security interests take effect against an asset and the sequence in which secured creditors are paid on enforcement or insolvency. It is a cross‑context concept informed by statute and case law (for example, land registration legislation, companies legislation on registration of charges, and equitable rules on notice). In practice, priority is usually set by time and method of perfection: creation and registration of mortgages/standard securities over land (e.g. under the Land Registration Act 2002 in England and Wales and the 2012 Scottish legislation), registration of company charges (at Companies House under...

Cybercrime risks, threats and vulnerabilities for UK organisations: legal team guidance on UK GDPR security and breach notification, reputational harm and business continuity

Published by a LexisNexis Practice Compliance expert

Practice notes

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Cyber risk, like any other corporate exposure, demands careful management and should be treated as a high‑Priority concern for the internal compliance or legal team. It is a business issue to be addressed within an overarching information governance, risk management and crime prevention framework, and must not be left solely to the IT department.

This Practice Note covers:

the landscape around cybercrime (i.e. why it should be on your radar)
the threats cybercrime poses to commercial organisations, and
principal vulnerabilities

This Practice Note reflects information security and breach notification obligations in the General Data protection Regulation (UK GDPR), Assimilated Regulation (EU) 2016/679, but is not intended to address specialist sector‑specific Requirements in the:

Network and Information Systems Regulations 2018 (NIS Regulations), SI 2018/506
Privacy and Electronic Communications (EC Directive) Regulations 2003 (PECR 2003), SI 2003/2426 (as amended)
Financial Services and Markets Act 2000 (FSMA 2000) and the Financial Conduct Authority (FCA) Handbook

What is cybercrime?

Cybercrime is, at its simplest, any offence with a computer or cyber element. It manifests in numerous forms. These can broadly be split into two main...

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Web page updated on 21/05/2026

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