The European Commission has announced a new plan to counter growing cyber security threats following increasing concerns
The European Commission has announced a new plan to counter the growing threats of cyber security.
According to Reuters, the plan which is worth an estimated €1.1 billion has been proposed to “underscoring mounting concerns about a series of high-profile hacking incidents”.
It is also being proposed after “The growing use of cyber warfare in the military conflict between Russia and Ukraine”, which has raised an alarm.
As per a statement by EU executive, “The EU Cyber Solidarity Act will strengthen solidarity at Union level to better detect, prepare for and respond to significant or large-scale cybersecurity incidents, by creating a European Cybersecurity Shield and a comprehensive Cyber Emergency Mechanism”.
Reuters also states that “The Shield will be made up of national and cross-border Security Operations Centres which will use state-of-the-art technology, such as artificial intelligence and advanced data analytics, to detect cross-border cyber threats and incidents”.
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