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    1. Home
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    3. >EU proposes cybersecurity rules for EU bodies amid cyberattack worries
    Top Stories

    EU Proposes Cybersecurity Rules for EU Bodies Amid Cyberattack Worries

    Published by Wanda Rich

    Posted on March 22, 2022

    2 min read

    Last updated: February 8, 2026

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    EU Commissioner Johannes Hahn addresses the media on proposed cybersecurity regulations for EU institutions, emphasizing the need for a robust framework to combat rising cyber threats and protect sensitive information.
    EU Commissioner Johannes Hahn discusses cybersecurity regulations amid rising cyberattacks - Global Banking & Finance Review
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    Tags:cybersecurityfinancial institutionsEuropean Commissionregulatory frameworkcompliance

    By Foo Yun Chee

    BRUSSELS (Reuters) – EU countries should put in place a framework to manage cybersecurity risks at EU institutions, the European Commission said on Tuesday, amid concerns about rising cyberattacks that could disrupt key activities and steal sensitive information.

    The proposal is part of a package of draft rules by the EU executive called the Cybersecurity Regulation that also aims to create a Cybersecurity Board to monitor the implementation of the new rules.

    “In a connected environment, a single cybersecurity incident can affect an entire organisation. This is why it is critical to build a strong shield against cyber threats and incidents that could disturb our capacity to act,” Budget Commissioner Johannes Hahn said in a statement.

    Under the draft rules, all EU institutions, bodies and agencies will have to identify cybersecurity risks, set up a plan to improve their cybersecurity, do regular assessments and share details about incidents.

    The Commission also proposed an information security regulation that will create a minimum set of rules and standards for all EU institutions.

    Governments have warned for weeks that Russia or its allies could carry out cyber attacks in retribution for sanctions, leading banks to increase monitoring, scenario-planning and line up extra staff in case hostile activity surges.

    Earlier this month, EU ministers called for the setting up of a cybersecurity emergency response fund to counter large-scale cyberattacks.

    (Reporting by Foo Yun Chee; Editing by Mark Potter)

    Frequently Asked Questions about EU proposes cybersecurity rules for EU bodies amid cyberattack worries

    1What is cybersecurity?

    Cybersecurity refers to the practice of protecting systems, networks, and programs from digital attacks. These attacks often aim to access, change, or destroy sensitive information.

    2What is the European Commission?

    The European Commission is the executive branch of the European Union responsible for proposing legislation, implementing decisions, and upholding EU treaties.

    3What is a cybersecurity board?

    A cybersecurity board is a governing body that oversees and monitors an organization's cybersecurity policies, practices, and compliance with regulations.

    4What are cybersecurity risks?

    Cybersecurity risks are potential threats to an organization's information systems, which can lead to data breaches, financial loss, and reputational damage.

    5What is a regulatory framework?

    A regulatory framework is a set of rules, guidelines, and practices established by authorities to govern and regulate specific sectors, ensuring compliance and safety.

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