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How the new EU measures will affect your privacy.
European Union countries and EU lawmakers reached an agreement on Thursday on rules aimed at protecting laptops, refrigerators, mobile apps and other Internet-connected devices from cyber threats. This decision was made amid a growing number of attacks and ransom demands in recent years around the world.
These rules, proposed by the European Commission in September last year, are called the "Cyber Resilience Act" and will apply to all products connected directly or indirectly to another device or network.
As part of the new standards, cybersecurity requirements are established at the design, development, production and sale stages of hardware and software. Manufacturers are required to assess the cybersecurity risks of their products, provide declarations of conformity, and take appropriate measures to fix problems during the expected life of the product or for a minimum of five years.
Manufacturers should also ensure greater transparency in hardware and software security issues for consumers and business users, and report cyber incidents to national authorities. Importers and distributors will be required to check that products comply with EU regulations.
Jose Luis Escriva, Spain's Minister of Digital Transformation, stressed: "Connected devices must have a basic level of cybersecurity when sold in the EU to ensure that businesses and consumers are properly protected from cyber threats."
The European Commission estimates that the new cybersecurity rules could save companies up to 290 billion euros annually, with compliance costs of around 29 billion euros.
European Union countries and EU lawmakers reached an agreement on Thursday on rules aimed at protecting laptops, refrigerators, mobile apps and other Internet-connected devices from cyber threats. This decision was made amid a growing number of attacks and ransom demands in recent years around the world.
These rules, proposed by the European Commission in September last year, are called the "Cyber Resilience Act" and will apply to all products connected directly or indirectly to another device or network.
As part of the new standards, cybersecurity requirements are established at the design, development, production and sale stages of hardware and software. Manufacturers are required to assess the cybersecurity risks of their products, provide declarations of conformity, and take appropriate measures to fix problems during the expected life of the product or for a minimum of five years.
Manufacturers should also ensure greater transparency in hardware and software security issues for consumers and business users, and report cyber incidents to national authorities. Importers and distributors will be required to check that products comply with EU regulations.
Jose Luis Escriva, Spain's Minister of Digital Transformation, stressed: "Connected devices must have a basic level of cybersecurity when sold in the EU to ensure that businesses and consumers are properly protected from cyber threats."
The European Commission estimates that the new cybersecurity rules could save companies up to 290 billion euros annually, with compliance costs of around 29 billion euros.
