EU wants to toughen cybersecurity rules for smart devices
The European Union’s executive arm is proposing legislation to force manufacturers to ensure that devices connected to the internet meet cybersecurity standards
BRUSSELS (AP) — The European Union's executive arm proposed new legislation Thursday that would force manufacturers to ensure that devices connected to the internet meet cybersecurity standards, making the 27-nation bloc less vulnerable to attacks.
The EU said a ransomware attack takes place every 11 seconds, and the global annual cost of cybercrime is estimated at 5.5 trillion euros in 2021.
The European commission said an increase of cyberattacks was witnessed during the coronavirus crisis, while Russia's war in Ukraine has raised concerns that European energy infrastructure could also be targeted amid a global energy crunch.
The law, proposed to be called the Cyber Resilience Act, aims at taking off the EU market all products with digital elements that are not well enough protected.