New security regulations for the European Internet. European lawmakers have adopted a new cyber security law, the first on the continent, pushing for more cyber-defenses and forcing companies to report cyber attacks immediately.
The European Parliament in Strasbourg in France approved the draft law, which imposes rules and obligations on various companies and organizations such as banks, industries energy, transport and technology.
The new regulations require companies to report cyber attacks and incidents infringementof data on the Internet.
Ο law it will apply to all 28 EU member states (for now, it still includes the UK) and mandate closer cooperation in network and information security, especially in critical national infrastructures.
European governments have already announced their support for this endeavor.
The rapporteur of the bill, Andreas Schwab, welcomed the passage of the bill.
"Fragmented cyber security makes us all vulnerable and poses great security risks to Europe as a whole," said the German politician.
Europe's security intelligence agency ENISA reported in its 2015 report that businesses and citizens lost 360 billion to cyber-attacks and disruptions in Internet.
