The EU spent billions on a cyberattack shield — nobody checked if it worked
EU auditors found the bloc's €1.4 billion cyberattack early-warning system is not fully operational and its effectiveness is unverified.
According to a report, the European Union has allocated €1.4 billion for a cyberattack early-warning system, but auditors have found that the system is still not fully operational after roughly 20 months. The report questions the effectiveness of the massive cybersecurity investment, noting that nobody has checked if the shield actually works as intended.
- EU auditors found its €1.4 billion cyberattack early-warning system is not fully operational.
- The system was built to catch major cyberattacks before they spread.
- Funding has been allocated but the system's effectiveness is unverified.
The EU built an early-warning system to catch the next major cyberattack before it spreads. Roughly 20 months later, auditors have found it still is not fully switched on. Jonathan Bent reports: Brussels has allocated €1.4 billion to defending Europe from cyberattacks. Its own auditors found that when that funding is passed on to third... Source
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