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By Securities Docket on October 9, 2017, 12:01 pm
With this significant announcement, the EU admitted that to date, it has not been ready to address cyberattacks. The EU reported that last year there were more than 4,000 ransomware attacks per day, and 80 percent of European companies experienced at least one cybersecurity incident. The economic impact of cybercrime has risen fivefold over the […]
By Securities Docket on July 6, 2016, 11:02 am
The European Union approved its first rules on cybersecurity, forcing businesses to strengthen defenses and companies such as Google Inc. and Amazon.com Inc. to report attacks. via European Union’s First Cybersecurity Law Gets Green Light – Bloomberg.
By Securities Docket on August 11, 2015, 9:27 am
Internet firms such as Cisco, Google and Amazon will be subject to a new EU cybersecurity law forcing them to adopt tough security measures and possibly report serious breaches to national authorities, according to a document seen by Reuters. via Internet firms to be subject to new cybersecurity rules in EU | Reuters