The European Commission will add funds and new powers for the EU cyber security agency and introduce a range of measures to limit threats from hackers, Commission President Jean-Claude Juncker announced in his annual state of the union speech on Wednesday (13 September).
The brave new world of data presents many challenges for the financial services industry and regulators alike. But if the right approach to regulating technological change is taken, Europe will continue to be a globally leading centre in the future, writes James Kemp.
One week before the European Commission is expected to present a slew of new cyber security proposals, Vice-President Andrus Ansip said that the new measures will not take away too much power from national authorities.
EU digital chief Andrus Ansip wants to set up a new office to certify the cybersecurity level of technology products -- which would make them more competitive globally -- as part of an overhaul of the bloc's rules in September.
A major, global cyber-attack could trigger an average of $53 billion (€46.30) of economic losses, a figure on par with a catastrophic natural disaster such as US Superstorm Sandy in 2012, Lloyd's of London said in a report today (17 July).
MEPs are pressuring the European Commission to propose new cyber crime rules on hacking vulnerabilities, encryption and information sharing between EU countries, ahead of a legal overhaul planned for September.
Council presidencies of “smaller member states are always the most effective,” European Commission President Jean-Claude Juncker said Friday (30 June) in Tallinn, one day before Estonia takes over for a six-month leadership role that will focus on digital policies and EU unity.
Andrus Ansip told EURACTIV.com in an interview that Estonia's digital success can't be copied everywhere and the 2007 cyber security attacks there would have been worse if EU countries hadn't shared information to help out.
Tech companies want the European Commission to propose new legislation in autumn that they hope will bring down data storage costs in some countries. But rumoured changes have worried firms that France could pressure the executive to weaken the rules.
The Czech Republic is one of the EU leaders in e-commerce. However, it is one of the worst in e-government. For example, one of the ministries uses 125 mutually unconnected databases. EURACTIV.cz reports.
A major global cyber-attack yesterday (27 June) disrupted computers at Russia's biggest oil company, Ukrainian banks and multinational firms with a virus similar to the ransomware that last month infected more than 300,000 computers.
On the eve of an EU summit, leaders from 17 EU countries have asked European Council President Donald Tusk for highest-level talks on EU digital policy, saying it was the single market’s main engine and should receive stronger political support.
Mariya Gabriel, the 38-year-old Bulgarian MEP tipped to become the new EU digital chief, told MEPs during her approval hearing that she wants to “comply” with the European Commission's policy priorities.
With its high-performance networks and data centers, Deutsche Telekom is arguably Europe's leading ICT-services provider, writes the German telecoms group, whose services range from drone protection to cybersecurity.
Modern technology could shore up the European project, boost transparency and help governments collect taxes. Author Jamie Bartlett told EURACTIV.com that the EU should become the great technological innovator but warned that politicians simply aren’t prepared for massive changes ahead.
The EU cybersecurity agency ENISA will get a makeover in September when the European Commission renews its mandate and presents a batch of new cybersecurity measures. The director of the Athens-based agency has been asking for a bigger budget to deal with the rise in attacks on internet-connected devices.
Governments and computer experts girded on Monday (15 May) for a possible worsening of the global cyberattack that has hit more than 150 countries, as Microsoft warned against stockpiling vulnerabilities like the one at the heart of the crisis.
The campaign of Emmanuel Macron, the favorite to win France's presidential election, has been targeted by a cyber-espionage group linked by some experts to the Russian military intelligence agency GRU.