EU Wants to Toughen Cybersecurity Rules for Smart Devices
The EU said a ransomware attack takes place every 11 seconds, and the global annual cost of cybercrime is estimated at 5.5 trillion euros in 2021. In Europe alone, cyberattacks cost between 180 and 290 billion euros each year, according to EU officials. The European Commission said an increase of cyberattacks was witnessed during the…