September 16, 2022
1 min read

EU presents new Cyber Resilience Act

The Commission’s proposal for the CRA will now be examined by the European Parliament and the Council….reports Asian Lite News

The European Commission has presented a proposal for Cyber Resilience Act (CRA), a new European Union (EU) law aiming at guaranteeing cyber security in connected devices and software sold on the single market.

“The Cyber Resilience Act will ensure the connected objects and software we buy comply with strong cybersecurity safeguards,” Margrethe Vestager, executive vice president of the European Commission for a Europe fit for the digital age, said on Thursday.

“Computers, phones, household appliances, virtual assistance devices, cars, toys, each and every one of these hundreds of millions of connected products is a potential entry point for a cyberattack. And yet, today most of the hardware and software products are not subject to any cyber security obligations,” European Commissioner for the Internal Market Thierry Breton explained.

Based on the principle of “security by design”, the new law will address three areas of action to ensure the safety of users: cyber security will become mandatory; the manufacturer will remain responsible for their product’s cyber security throughout its life cycle; and consumers will be better informed about these parameters while choosing a product with digital elements, reports Xinhua news agency.

Producers will be able to self-assess 90 per cent of their products. These include photo editing, word processing, smart speakers, hard drives and games.

The remaining 10 per cent — critical products such as password managers, firewalls, operating systems, microcontrollers and industrial firewalls –will be assessed by a third party.

The CRA will be enforced through a progressive set of measures, according to Breton.

The Commission will first ask the producer to comply with the CRA, then the product will either be recalled or permanently withdrawn, and finally a fine equivalent to 2 to 5 per cent of the company’s global turnover will be applied.

The Commission’s proposal for the CRA will now be examined by the European Parliament and the Council.

If adopted, EU member states and companies will have two years to transpose the regulation into national law.

ALSO READ: EU chalks out emergency energy measures

Previous Story

upGrad buys Centum Learning

Next Story

China’s Xi set to meet Iran’s Raisi at SCO summit

Latest from -Top News

G7 Sides with Israel in Escalating Conflict

The leaders said “Iran is the principal source of regional instability and terror.”…reports Asian Lite News Leaders of the G7 nations, meeting at a summit in Canada, issued a joint statement backing

Awami League Slams ‘Fascist’ Yunus

The videos from the protest shared on the party’s social media page showed several party activists marching through the streets of Dhaka in support of Hasina…reports Asian Lite News Hundreds of Awami

India Evacuates Students from Tehran

The Ministry also said that the Indian Embassy is continuously in touch with the community to provide all feasible assistance….reports Asian Lite News Amid rising tensions between Israel and Iran, India has

Trump: Get Out of Tehran Now!

The US President also announced that he would cut short his visit to the Group of 7 (G7) summit in Canada to closely monitor the situation …reports Asian Lite News US President

UN Slams Bangladesh’s Party Ban Law

UN noted that prohibiting political parties would hinder a genuine transition to multiparty democracy…reports Asian Lite News UN Human Rights Chief Volker Turk has voiced deep concern over recent legislative changes enacted
Go toTop

Don't Miss

Russia, Ukraine to hold fresh round of talks

Since February 28, Russia and Ukraine have held three rounds

Truss joins club of women in power across Europe

Truss is the third woman prime minister after “Iron Lady”