European Commission Signs Agreement with Industry on Cybersecurity

European CommissionIn July the European Commission launched a new public-private partnership on cybersecurity in order to strengthen Europe’s cyber defences and the competitiveness of its cybersecurity market. The Commission has also announced various specific measures to address the market fragmentation: explore the possibility of a European certification framework for IT security products, facilitate access to funding for SMEs in this sector and strengthen cross-border cooperation in tackling cyber threats. The EU will invest 450 million euros under the Horizon 2020 programme, and the entire partnership is expected to raise 1.8 billion euros.

Read the press release.