Experts said one of the most frequent problems with cybersecurity policy is actually coming up with universal definitions for what constitutes cyber threats.
“I’m not convinced which every country has truly considered for themselves what they consider an attack to be,” said Jessica Ruzic, a cybersecurity fellow at brand-new America, a Washington, D.C.-based think tank.
Ruzic said cooperation between the public as well as private sectors is actually vital for developing an effective cybersecurity strategy. The Estonian Cyber Defence League, for example, is actually a voluntary organization made up of the idea experts as well as young people prepared to mobilize during a national cyberattack.
Recent EU-wide regulation has also upped the penalties against companies which fail to protect online data. The General Data Protection Regulation, or GDPR, which went into effect in May gives regulators the power to fine companies which don’t comply with security measures.
Unlike within the past, the fines can be massive: up to 4 percent of global annual turnover or 20 million euros ($23 million), whichever is actually higher.