The European Commission has signed an agreement to invest €€450 millionm in business, universities and other researchers investigating cybersecurity over the next few years. The outlay will stimulate private-sector investment of approximately €1.4bn in cybersecurity by 2020, the EC said. Ultimately, there are plans to eventually establish a certification framework to regulate cybersecurity products and services across the European Union.
The European Commission has signed an agreement to invest €450m in business, universities and other researchers investigating cybersecurity over the next few years. The outlay will stimulate private-sector investment of approximately €1.4bn in cybersecurity by 2020, the EC said. Ultimately, there are plans to eventually establish a certification framework to regulate cybersecurity products and services across the European Union.