{"id":23587,"date":"2016-07-05T11:37:00","date_gmt":"2016-07-05T11:37:00","guid":{"rendered":"http:\/\/www.businesscloudnews.com\/?p=257062"},"modified":"2016-07-05T11:37:00","modified_gmt":"2016-07-05T11:37:00","slug":"cyber-security-top-of-the-list-for-european-commission-after-launch-of-e1-8bn-initiative","status":"publish","type":"post","link":"https:\/\/icloud.pe\/blog\/cyber-security-top-of-the-list-for-european-commission-after-launch-of-e1-8bn-initiative\/","title":{"rendered":"Cyber security top of the list for European Commission after launch of \u20ac1.8bn initiative"},"content":{"rendered":"

\"Europe\"<\/a>The European Commission has launched a new public-private partnership aimed at tackling the challenges of cyber security, and helping European companies become more competitive, reports Telecoms.com<\/a>.<\/p>\n

As part of the partnership, the EC will invest roughly \u20ac450 million, and will encourage industry to contribute healthily, targeting a total investment of \u20ac1.8 billion by 2020. The new initiative will take form through four pillars.<\/p>\n

Firstly, the EC will encourage member states to make the most of the cooperation mechanisms under the new Network and Information Security (NIS) directive. Secondly, the EC will explore the possibility of creating a framework for certification of security products, which can then be distributed in any member state. Thirdly, the EC will establish a contractual public-private partnership with industry to nurture innovation. And finally, the team will create funds to enable SME\u2019s to source investment and scale up.<\/p>\n

\u201cEurope needs high quality, affordable and interoperable cybersecurity products and services,\u201d said G\u00fcnther H. Oettinger, Commissioner for the Digital Economy and Society. \u201cThere is a major opportunity for our cybersecurity industry to compete in a fast-growing global market. We call on Member States and all cybersecurity bodies to strengthen cooperation and pool their knowledge, information and expertise to increase Europe’s cyber resilience. The milestone partnership on cybersecurity signed today with the industry is a major step.\u201d<\/p>\n

The new strategy builds on the EC\u2019s \u2018Open, Safe and Secure Cyberspace\u2019 strategy which was launched in 2013 to \u2018protect open internet and online freedom and opportunity\u2019. While the initiative has launched a number of new legislative actions, there would appear to be little evidence much else has been achieved aside from \u2018ensuring cooperation\u2019, \u2018ensuring a culture of security\u2019 and \u2018stepping up cooperation across Europe\u2019. While previous work has been generalist and vague, the new proposition does at least offer encouragement there will be more concrete work achieved.<\/p>\n

The NIS directive will support strategic cooperation and exchange of relevant information between member states, as well as creating a number of new bodies including EU Agency for Network and Information Security (ENISA), EU Computer Emergency Response Team (CERT-EU) and European Cybercrime Centre (EC3) at Europol. The plan will be to deliver a blueprint during the first half of 2017, and then deliver the initiative in an undefined timeframe. The EC has outlined a specific plan, though the lack of a timeframe seemingly removes some of the gained credibility.<\/p>\n

\u201cWithout trust and security, there can be no Digital Single Market. Europe has to be ready to tackle cyber-threats that are increasingly sophisticated and do not recognise borders,\u201d said Andrus Ansip, Vice-President for the Digital Single Market. \u201cToday, we are proposing concrete measures to strengthen Europe’s resilience against such attacks and secure the capacity needed for building and expanding our digital economy.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

The European Commission has launched a new public-private partnership aimed at tackling the challenges of cyber security, and helping European companies become more competitive.<\/p>\n","protected":false},"author":203,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4379,4242,1976,2175,2344],"tags":[],"class_list":["post-23587","post","type-post","status-publish","format-standard","hentry","category-european-comission","category-legislation","category-news-analysis","category-policy-and-regulation","category-regulation"],"_links":{"self":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/23587","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/users\/203"}],"replies":[{"embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/comments?post=23587"}],"version-history":[{"count":1,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/23587\/revisions"}],"predecessor-version":[{"id":23588,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/posts\/23587\/revisions\/23588"}],"wp:attachment":[{"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/media?parent=23587"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/categories?post=23587"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/icloud.pe\/blog\/wp-json\/wp\/v2\/tags?post=23587"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}