The European Union will announce a cyber resilience law aimed at dangerous smart devices on September 13

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The EU is preparing to announce a new proposal to reduce the cost of cyber incidents in the European Union aimed at smart devices that pose cybersecurity risks. Makers of Internet-connected smart devices will have to ensure their devices are secure or risk having their products banned and fined up to EUR 15 million (roughly Rs. 120 crore) or 2.5 percent of their global volume. turnover

On September 13, the European Union Executive will announce the Cyber ​​Resilience Act, a proposal that could eventually become law, according to Reuters. Reportthe proposed regulation covers Internet-connected devices such as smart TVs, refrigerators and smart speakers, proposing stricter rules requiring manufacturers to increase their security.

According to the report, the EU proposal requires smart device makers to assess the cybersecurity risk of their products and ensure that flaws and issues are fixed, and to notify the European Union Agency (ENISA) of cybersecurity-related incidents within 24 hours.

The proposal also recommends fines of up to EUR 15 million (roughly Rs. 120 crore), or 2.5 percent of their total global turnover, whichever is higher, on companies that do not comply with the proposed rules. According to reports, this penalty can be reduced for minor offences.

Similarly, the proposed Cyber ​​Resilience Act also allows national surveillance authorities to restrict a product from the European market by ordering its withdrawal or recall if it does not comply with the rules. According to reports, the proposed legislation could eventually become law after EU countries provide input.


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