With 315 million Europeans using the internet each day, the provision of critical services and the functioning of a modern economy are now entirely dependent upon the robustness and safety of cyberspace and its infrastructure. Cyber security attacks are a growing source of threat and concern, while also representing a growing economic opportunity for Europe, with the market predicted to be worth over $100 Billion by 2018 (European Commission). Moreover, cyber attacks in the EU are constantly growing in both their frequency (quintuplicate between 2013 and 2017) and sophistication. Only in 2017, 4 out of 5 organisations either replaced or augmented their existing antivirus (Barkly 2018) and only a third of organisations believe they have adequate resources to manage security effectively (Ponemon Institute).
In response to the increased cyber threats, in September 2017, the European Commission published an updated EU Cyber security package:
At present, Europe’s ability to detect, investigate and counter threats from cyber activities is significantly challenged. Technological advancements have far outpaced policymakers’ responses to the shifting threats of cyberspace, with solutions driven primarily by national interest, rather than multilateral collaboration. Developments in the Internet of Things (IOT) pose new challenges, whilst the cyber security market itself remains highly fragmented, due to a lack of interoperability and reduced consumer trust in cross border e-commerce.
This symposium will therefore offers businesses, local actors, industry regulators, intelligence agencies, police, technology specialists, academics and other key stakeholders with a timely and invaluable opportunity to engage with European cyber security policies, collectively enhance defences in the attempt to not only counter but also anticipate the ever more sophisticated types of Cyber attacks, brainstorming for ways in which the EU could support European companies grab a greater market’s share of the Cyber security sector and find ways to further enhance the issue of cyber defence in the CFSP.
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In the meantime, to ensure your organisation is represented, please book online or complete and return the attached registration form at your earliest convenience in order to secure your delegate place(s).