EU tightens tech security vs. foreign espionage
BRUSSELS, BELGIUM — In response to increasing concerns about foreign espionage, the European Union (EU) introduced measures to safeguard its tech industry. This strategic shift aligns with calls to minimize risks in its relations, notably with China.
European Commission Vice President Vera Jourova said, “Technology is currently at the heart of geopolitical competition, and the EU wants to be a player, not a playground.”
Member states have been prompted to assess vulnerabilities in sectors like artificial intelligence, biotechnology, and semiconductor fabrication, as these pose significant technology security risks.
Without pinpointing any specific nation, EU officials also called for enhanced transaction security measures to prevent potential threats to national defense.
Highlighting the broader intent, the EU’s internal market commissioner, Thierry Breton, mentioned that these precautions aren’t solely against China but are designed to counter threats globally.
Post these evaluations, the Commission is considering three strategies: promoting local alternatives, partnering with like-minded nations, and staving off economic hazards.
At the same time, the EU is crafting a tool to monitor foreign direct investments, especially those with a high data theft risk. However, certain EU members express caution, fearing reduced access to China’s expansive market.
