EU cybersecurity label should not discriminate against Big Tech, European industry groups advocate for inclusivity

From Investing.com: 2024-06-17 00:06:02

26 European industry groups have warned against EU cybersecurity certification scheme (EUCS) discriminating against tech giants like Amazon, Google, and Microsoft. The EUCS aims to ensure secure cloud services for governments and companies, with global revenue expected to grow significantly. An inclusive EUCS without ownership controls will benefit industry members and support Europe’s digital ambitions.

The revised EUCS version removed sovereignty requirements for U.S. tech giants, allowing for industry best practice alignment and non-discriminatory principles. Access to diverse resilient cloud technologies is critical for businesses to thrive in the global market. Signatories to the joint letter urging EU countries for an inclusive EUCS include various European industry associations, chambers of commerce, and business lobby groups.

EU cloud vendors including Deutsche Telekom, Orange, and Airbus have advocated for sovereignty requirements to prevent unlawful access to Europeans’ data by non-EU governments. The removal of ownership controls and non-EU law immunity in the EUCS will support industry growth and strengthen Europe’s digital security and resilience. Industry groups seek a competitive and diverse cloud market to meet specific business needs.



Read more at Investing.com: EU cybersecurity label should not discriminate against Big Tech, European groups say By Reuters