The European Cyber Resilience Act (CRA) is a landmark piece of legislation. It will address a number of current weaknesses in the European technology market, while further reducing future risks through increased responsibility and transparency on the part of software and application providers. The time for implementation is already running.
After all, vulnerabilities in the software supply chain continued to make headlines in 2023, highlighting the significant impact of a single vulnerability on potentially thousands of businesses and individuals. These incidents have highlighted the need for cybersecurity standards that cover the entire software development lifecycle (SDLC). It is encouraging that these incidents were wake-up calls for regulators and prompted governments to act, as evidenced by the CRA's focus on the supply chain.
European Cyber Resilience Act (CRA)
The agreement of the member states on a common position for the regulation is a very big step in the right direction and an important moment for the technology industry. Not only does it bring more transparency to an area that is often opaque. It also encourages software vendors, manufacturers, and retailers to increase the cybersecurity of the products they sell. It is to be hoped that in the future companies will go beyond the prescribed requirements and place a higher priority on security.
It is therefore long overdue to set binding standards across the region to overcome the complexity of overlapping legislation across EU Member States. It is precisely this joint, international approach to regulation that is needed to stop the rapidly increasing cyber threat that is lurking everywhere.
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