The European Commission has revealed a plan worth €1.1bn ($1.2bn) aimed at combating the mounting cybersecurity threats faced by the region.
This move comes in the wake of several high-profile cyber attacks, raising concerns regarding the growing use of cyber warfare between Russia and Ukraine.
The EU Cyber Solidarity Act will establish a European Cybersecurity Shield and a comprehensive Cyber Emergency Mechanism, promoting solidarity among member states.
National and cross-border Security Operations Centres will form the Shield and leverage artificial intelligence and advanced data analytics to identify and respond to cross-border cyber threats and incidents.
The Cyber Emergency Mechanism will examine entities operating in critical sectors, such as healthcare, transport, and energy, for possible vulnerabilities.
Additionally, an EU Cybersecurity Reserve will be established, comprising incident response services that will provide assistance to EU countries or institutions during significant or large-scale cybersecurity incidents.
Before being passed into law, the Cyber Solidarity Act will require approval from both EU countries and the European Parliament.
