New European Union Cybersecurity Proposal Takes Aim at Cybercrime

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Lawmakers are seeking to strengthen cybersecurity across the European Union, advancing new legislation to bolster security requirements for all digital hardware and software products. The proposed law, titled the Cyber Resilience Act, aims to curb cybercrime, which cost the global economy an estimated €5.5 trillion in 2021. Read this blog for an overview of what the proposal covers, factors motivating the legislation and the expected impact.

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