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ARTICLE · 14 JANUARY 2020

The New EU Cybersecurity Act: One Step Closer To A More Secure Future

The proliferation of connected devices across industry sectors has led to the emergence of a significant and distinct threat to many types of organisations.

European UnionTechnology

Introduction

The proliferation of connected devices across industry sectors has led to the emergence of a significant and distinct threat to many types of organisations. However, a majority of European companies continue to underestimate just how exposed they are to cyber risk9. This lack of awareness translates into low investment in Internet of Things (IoT) cybersecurity and limited legal risk management.

Against this backdrop, the European Commission (the "Commission") has been developing and adopting the EU Cybersecurity Strategy, with the European Network and Information Security Agency (ENISA), created in 2004, making an active contribution to policy10. Initially established for a period of five years, ENISA's mandate has been progressively extended11, revised and modernised.

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