EU countries call for emergency cybersecurity fund – document

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3D printed models of people working on computers and padlocks are seen in front of a displayed “cyber security” word and binary code in this image taken on February 1, 2022. REUTERS/Dado Ruvic/Illustration

March 8, 2022

BRUSSELS (Reuters) – Telecoms ministers from the 27 EU countries want the European Commission to set up an emergency cybersecurity fund to counter large-scale cyberattacks, citing recent attacks on Ukraine, according to an EU document.

The ministers will meet in Nevers, France, on Wednesday.

“The potential spillover effect of such cyberattacks on European networks also underscores the need for the EU to advance an ambitious and comprehensive plan for its cybersecurity,” the draft document reads.

“The current geopolitical landscape and its implications for cyberspace reinforce the need for the EU to fully prepare for large-scale cyberattacks. Such a fund will contribute directly to that goal,” the paper said.

Ministers also called for more regulation to secure digital infrastructure, technology and products and to attract companies to provide their expertise.

(Reporting by Foo Yun Chee; Editing by Mark Porter) EU countries call for emergency cybersecurity fund – document

Emma Bowman

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