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EU Cyber Resilience Act May Cause Bottlenecks, Companies Say

08
Nov
2023
EU Cyber Resilience Act May Cause Bottlenecks, Companies Say

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Heads of major European tech companies are calling on trading bloc lawmakers to revise a proposed cybersecurity law, which they argue will create bottlenecks that disrupt the supply chain.

Legislation being fast-tracked into law by the European Parliament dubbed the Cyber Resilience Act, requires manufacturers of certain high-risk products to undergo a third-party risk assessment before bringing products to market. The proposal, put forward by the European Commission in 2022, passed a key parliamentary committee in July and was fast-tracked to negotiations between lawmakers and the European Council, a body of direct nation-state government representatives, in talks mediated by the European Commission.

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