The Cyber Resilience Act makes digital products safer
Smart devices, software, robot vacuums. These technologies make life easier, perhaps too easy. The more we rely on digital technology, the more opportunities cybercriminals might find. The European Union wants to put a stop to this and on October 10, 2024, approved the Cyber Resilience Act (CRA). This law ensures digital products in the EU are better protected against cyber threats. Embracing digitalization just got a lot safer.
What is the Cyber Resilience Act?
The Cyber Resilience Act is a law designed to make digital products in the EU safer. It covers everything connected to the internet, from smart home devices to everyday software. The goal? One clear set of rules for everyone: manufacturers, importers, and distributors. This way, digital products aren’t just convenient but also secure.
Why is this important?
Cyberattacks can cause serious harm to both businesses and consumers. The CRA aims to prevent products with security risks from ever reaching the market. For consumers, this means safer products and less risk of personal data falling into the wrong hands, a comforting thought.
What are the key changes?
The CRA introduces significant changes for anyone involved in developing or selling digital products. The three main points:
Security by design
Security must be a top priority from the very first idea. This applies not just to product launches but throughout the entire product lifecycle.Proactive vulnerability management
Companies are required to quickly address known vulnerabilities and report cyberattacks to authorities without delay. No half-measures allowed.Strict penalties for negligence
Companies that fail to comply face fines of up to €15 million or 2% of global revenue, whichever is higher.
What does this mean for you?
If you’re involved in producing or selling digital products, the Cyber Resilience Act will be an important focus. But don’t see it as a burden. By investing in security, you create better products and avoid fines. Plus, you build customer trust by showing your products protect them against cyberattacks.
As a consumer, you’ll enjoy safer digital products at home. Less risk of cyber threats and better protection for your personal data. Reassuring, isn’t it?
Ready for the future?
Cybersecurity is no longer optional; it’s a basic requirement. Thanks to the Cyber Resilience Act, higher standards are being set for everyone. This makes the digital world safer for all of us.
How about your company? Are your digital products ready for the future?