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European Union´s Public-private partnership on cybersecurity.

Public-private partnership on cybersecurity launched by the EU

111cyber-securityThe public-private partnership on cybersecurity will receive €450 million by the EU and it is expected to receive three times more by  Cybersecurity market players.

A new public-private partnership on cybersecurity, expected to trigger €1.8 billion of investment by 2020, has been launched today by The Commission as part of a series of new initiatives to better provide Europe with tools to fight against cyber-attacks, as well as to fortify its cybersecurity sector competitiveness.

At least 80% of European companies have experienced one or more cybersecurity incidents over the last year, a recent survey reports, while the number of security incidents across all industries worldwide rose by 38% in 2015. Whether they are big or small, European companies are damaged by these threats, which undermine trust in the digital economy.  READ ARTICLE HERE