European Commission wants industry to contribute $500 million to research into cybersecurity. The $2 billion cybersecurity public-private partnership is intended to boost cross-border research. It’s not the first attempt to coordinate EU member states’ cybersecurity strategies. Delivering the highest level of cybersecurity could become a strong competitive advantage, the Commission says. The EU’s IT security industry is still too geographically fragmented to compete globally, it adds. The cPPP should be up and running by the third quarter of next year.”]
Source: https://www.csoonline.com/article/3091059/eu-plans-2b-investment-in-cybersecurity-research.html