Editor’s Note: See, Transatlantic Cybersecurity: The Need for Regulatory Coordination.
From: InfoSecurity
The growing importance of ensuring cybersecurity remains a central theme on which nations can build their digital transformation programs was made clear in the second half of last year when the European Union (EU) reached agreement on cybersecurity rules across all its members. Companies critical for the delivery of essential services across the energy, transportation, health and banking fields were instructed to ensure that their infrastructure is robust enough to withstand cyber-attacks and notify authorities if significant incidents occur.
The ruling marked the first time the EU has ruled directly on cybersecurity and is clearly a response to the exponential growth in cybersecurity incidents. The emphasis on critical national infrastructure is an overdue recognition that as software and control systems become increasingly integrated, cyber-attacks can have devastating and lasting impacts in both the cyber and physical worlds. As one of the largest economies in the world, this step by the EU is significant.
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