Why the EU Cybersecurity Act is vital for protecting businesses and citizens online
The rise of digitalization has brought immense benefits to our lives such as increased convenience, faster communication, and efficient data processing. However, it has also brought along a nefarious aspect to our online lives- cybercriminal activities.
The alarming increase in cybercrime has brought companies, organizations, and even governments under severe threat of financial loss and compromised security. This has led the European Union (EU) to implement the Cybersecurity Act that is aimed at safeguarding the interests of both businesses and citizens online.
What is the EU Cybersecurity Act?
The Cybersecurity Act, which became fully operational on 9th June 2019, provides a comprehensive framework that addresses a range of tech-related security issues such as cloud computing, IoT devices, e-commerce, and 5G network providers. This act mandates that companies must test their systems and adhere to strict procedures before being authorized to sell products in the EU market.
Moreover, the Cybersecurity Act introduced the European Cybersecurity Certification Framework (ECCF) that aims to strengthen online security measures across the European market. The certification provides businesses with a competitive edge by enabling them to demonstrate trustworthiness and credibility.
What benefits does the Cybersecurity Act offer?
Firstly, the Cybersecurity Act helps to safeguard the privacy of customers by ensuring that companies adhere to strict security measures and protocols. This act requires companies to provide transparency on data protection procedures, ensuring the safety of sensitive information.
Secondly, the Cybersecurity Act promotes innovation by fostering a favorable environment for businesses that thrive on digitalization. With mandatory cybersecurity certification, companies will be able to increase their competitiveness and credibility in the market, driving growth and employment opportunities.
Thirdly, the Cybersecurity Act established a Joint Cybersecurity Unit (JCU) that collaborates with the government and law enforcement agencies to tackle cybercrime collectively. This contributes to a safer and secure digital environment for businesses and citizens alike.
Conclusion
The EU Cybersecurity Act is a critical step towards securing the digital world and protecting the interests of businesses and citizens online. It provides a comprehensive framework that promotes transparency, innovation, and safety. Businesses that adhere to the regulations and obtain certification will gain a competitive edge in the market and contribute to a more sustainable digital landscape.
