EU Tightens Grip on Foreign Tech: New Cybersecurity Measures in Action

The European Union plans to phase out high-risk tech components from key suppliers, like Huawei, following cybersecurity concerns. This move, part of the revised Cybersecurity Act, aims to enhance tech sovereignty amid rising cyber threats. The changes await approval from EU nations and Parliament.

The European Union is making strides toward securing its technology infrastructure by moving to phase out components from high-risk suppliers in key sectors, as revealed in a draft proposal by the European Commission released Tuesday. This shift is anticipated to significantly impact major Chinese tech companies such as Huawei.

The revised Cybersecurity Act comes in response to increasing cyber and ransomware attacks and concerns over foreign interference. While the European Commission, the executive arm of the 27-nation bloc, refrains from naming specific companies or countries, it is clear that these measures are a step toward reducing dependency on third-country tech suppliers.

The new regulatory framework also aligns with international steps, like those taken by the United States against Huawei, to mitigate cybersecurity risks. The new measures are designed to protect key sectors, including telecommunications and energy, and will require telecom operators to phase out risky components within a specified timeline, thereby enhancing Europe's technological sovereignty.

(With inputs from agencies.)