DESCRIPTION

The increasing number of cyber attacks and the resulting economic damage to the single market have prompted the European Commission to declare cyber security a key issue for the European Union. The recently published draft regulation on the Cyber Resilience Act aims for the first time to oblige all manufacturers of digital products to take significant cybersecurity measures. At the same time, the regulatory extension of the NIS 2 Directive will require a large number of companies to implement technical and organizational measures to increase the overall level of cybersecurity in the EU. In addition, the powers of the authorities will also be expanded: The new legislation provides for expanded inspection options, a ban on making products available on the market, recall orders, and fines in the millions. All in all, companies are facing a lot. The presentation will provide an overview on the current status of the upcoming EU cyber security legislation and the key business obligations arising from it.

WHY THE COMMITTEE CHOSE THIS TALK

EU thinks that IT (and especially IT-Security) is a under-regulated industry. After the success of GDPR they strive to step up regulation of this field. Christoph follows the process of all those negotionation between Brussel parliament, member states and EU commission. We look forward to get an insight what is coming next for us from a law prespective.

SPEAKER

Christoph Callewaert