The European Commission is preparing to strengthen EU cyber security significantly and is creating a €1.1B cyber shield.

The EU announced the approval of a legislative initiative on new cyber security legislation. The new law is aimed at ensuring the detection and notification of threats and incidents in the field of cyber security, increasing the readiness of critical objects for cyber-attacks, and improving the cooperation of EU member states during their response to cyber threats.

Furthermore, the Commission proposes the creation of a European Cyber Shield: a pan-European infrastructure consisting of national and cross-border Security Assurance Operations Centers (SOC) across the EU.

These centers will detect and respond to cyber threats using cutting-edge technologies such as artificial intelligence and advanced data analysis. The EU will invest €1.1B in the initiative and open the centers at the beginning of 2024.