Europe has been found to lag behind the US, China and Russia in terms of cyber-security services, an International Business Times article reports. It seems that Europe tends to follow in the footsteps of the US when it comes to developments to cyber-crime initiatives. The EU has cyber strategies detailed on paper, but they have not yet been considered at a policy level – unlike the US, which earlier this year detailed a new cyber-sanction policy.
As Europe fails to meet the same policy outline utilised by the US and other regions, it becomes more and more vulnerable to cyber-attack.
Although there is a Cybersecurity Strategy for the European Union in place, due to the sheer number of countries included under the EU umbrella cyber-security still remains at a largely national level, as opposed to continental.
If Europe is to catch up with the US, China and Russia the key lies in the European cyber-security industry. In a recently released 'Cybersecurity 500' survey, in which the most influential cyber-security companies across the globe are listed, very few in the top 100 were based in Europe.
Europe's dependency on not only America's lead in cyber-security strategising, but also foreign internet services, helps to explain why Europe is not taken seriously as a cyber-superpower. Increased investment and political focus on cyber-security could help to bring the region in-line with other the other global superpowers.
The EU has moved to approve draft plans for a General Data Protection Regulation (GDPR), with the final draft expected to be approved by the end of the year. If this were to happen, then the EU would be one step closer to catching up with the US, China and Russia.