Close Menu
    Latest Category
    • Finance
    • Tech
    • EU Law
    • Energy
    • fx
    • About
    • Contact
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Login
    • EU News
    • Focus
    • Guides
    • Press
    • Jobs
    • Events
    • Directory
    EUbusiness.com | EU news, business and politicsEUbusiness.com | EU news, business and politics
    Home

    Brussels to launch new cyber-security agency

    npsBy nps20 September 2017 No Comments3 Mins Read
    — Filed under: Crime EU News Headline1 Internet
    Share
    Facebook Twitter LinkedIn Pinterest Email
    Brussels to launch new cyber-security agency

    Photo © ktsdesign – Fotolia

    (BRUSSELS) – The European Union proposed Tuesday a set of measures to step up its cyber-security capacity, including a cyber-safety scheme and other tools to ensure Europe is better equipped to deal with cyber-attacks.

    The opportunities brought by new digital technologies have been accompanied by new risks from non-state and state actors who are increasingly trying to steal data, commit fraud and destabilise governments.

    Last year saw more than 4,000 ransomware attacks every day, while 80 pre cent of European companies experienced at least one cybersecurity incident. The Commission says the economic impact of cyber-crime has risen five-fold over the past four years.

    The cybersecurity measures proposed by the EU executive, in conjunction with the EU’s foreign policy chief, include a proposal for an EU Cybersecurity Agencyto assist Member States in dealing with cyber-attacks, and a new European certification scheme that will ensure that products and services in the digital world are safe to use.

    “The EU will pursue an international cyber policy promoting an open, free and secure cyberspace,” said foreign policy head Federica Mogherini, “as well as support efforts to develop norms of responsible state behaviour, apply international law and confidence building measures in cybersecurity.”

    EU countries must tackle these challenges together, added Andrus Ansip, EC vice-president for the Digital Single Market: “Our initiatives strengthen cooperation so that EU countries can tackle these challenges together. We also propose new measures to boost investment in innovation and promote cyberhygiene.”

    The new EU Cybersecurity Agency will be given a permanent mandate to assist EU Member States in effectively preventing and responding to cyber-attacks. It will organise yearly pan-European cybersecurity exercises, ensuring better sharing of threat intelligence and knowledge through the setting up of Information Sharing and Analyses Centres. It will also help implement the Directive on the Security of Network and Information Systems which contains reporting obligations to national authorities in case of serious incidents.

    The EU-wide certification framework, which the Cybersecurity Agency would help put in place and implement, is aimed at ensuring that products and services are cyber secure. Just as with EU food labels, the new European cybersecurity certificates are expected to ensure the trustworthiness of the billions of devices which drive today’s critical infrastructures, such as energy and transport networks, but also new consumer devices, such as connected cars. Cybersecurity certificates will be recognised across EU Member States, and will thus cut down on the administrative burden and costs for companies.

    The Commission is also proposing to boost deterrence through new measures to combat fraud and the counterfeiting of non-cash means of payment. A proposed Directive would strengthen the ability of law enforcement authorities to tackle this form of crime by expanding the scope of the offences related to information systems to all payment transactions, including transactions through virtual currencies. The law will also introduce common rules on the level of penalties and clarify the scope of Member States’ jurisdiction in such offences.

    Questions & Answers – State of the Union 2017 – Cybersecurity: The Commission scales up its response to cyber-attacks

    Factsheet on EU resilience to cyber-attacks

    Factsheet on the EU Cybersecurity Agency

    Factsheet on combating fraud and counterfeiting of non-cash means of payment

    Add A Comment

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    nps
    • Website

    Related Content

    EU approves EUR 300m for common defence procurement projects

    EU proposes e-declaration for the posting of workers

    EU calls on Apple to end geo-blocking on media services

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    EU artificial intelligence factories set for 2025

    Council agrees reform of EU VAT rules for the digital age

    LATEST EU NEWS

    EU approves EUR 300m for common defence procurement projects

    14 November 2024

    EU proposes e-declaration for the posting of workers

    14 November 2024

    EU calls on Apple to end geo-blocking on media services

    14 November 2024

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    14 November 2024

    EU artificial intelligence factories set for 2025

    13 November 2024
    BRIEFING

    Agenda

    This week, COP29 begins in Azerbaijan; finance ministers discuss the EU's annual budget for 2025; and MEPs hold a plenary session on EU-US relations, EU summits, deforestation and COP 29...

    EUbusiness Week

    This week competitiveness and environment ministers will hold informal meetings…

    Eurozone Economic Calendar

    Key economic calendar events for the week 11 to 16 November 2024

    The Week's Top Stories

    This week competitiveness and environment ministers will hold informal meetings…

    Advertisement

    Subscribe to EUbusiness Week

    Get the latest EU news

    Latest Posts

    EU approves EUR 300m for common defence procurement projects

    14 November 2024

    EU proposes e-declaration for the posting of workers

    14 November 2024

    EU calls on Apple to end geo-blocking on media services

    14 November 2024

    EUR/USD touches one year low as Trump takes control of Congress – Euro currency news daily

    14 November 2024

    CONTACT INFO

    • EUbusiness Ltd 117 High Street, Chesham Buckinghamshire, HP5 1DE United Kingdom
    • +44(0)20 8058 8232
    • service@eubusiness.com

    INFORMATION

    • About Us
    • Advertising
    • Contact Info

    Services

    • Privacy Policy
    • Tems
    • EU News

    SOCIAL MEDIA

    Facebook
    eubusiness.com © EUbusiness Ltd 2025
    Design and developed by : Dotsquares

    Type above and press Enter to search. Press Esc to cancel.

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Lost password?

    Register Now!

    Already registered? Login.

    A password will be e-mailed to you.

    We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok