European Parliament and Council reach agreement on Cyber Resilience Act
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European bill on IoT security to be finalized in coming weeks.
On November 30, 2023, the European Parliament and Council announced they had reached an agreement on the Cyber Resilience Act. Initiated in September 2022, the European bill aims to strengthen the cybersecurity of connected objects. It will thus complement the NIS2 Directive, without encroaching on its jurisdiction.
The compromise passed by Parliament and Council retains the European Commission’s proposal, in essence. Among the most significant amendments:
José Luis Escrivá, the Spanish Minister of Digital Transition, sees the agreement as “a significant step towards a safe and secure single digital market in Europe.” The compromise paves the way for a definitive Cyber Resilience Act, which should be voted on by member States in the coming weeks.