1. SECURITY IN THE DIGITAL AGE
Europe at a crossroads

2. Cybersecurity in the digital age: a global overview

3. The pitfalls of the digital revolution
Thanks to the Internet, connecting people across the world has never been as easy as it is today.
However, this relatively new way of living (always accessible, everywhere and at every moment) has brought to light many new problems in terms of security, specifically cybersecurity.
The World Economic Forum has included cyber-attacks among the biggest problems over 2019

4. Many consequences and risks from cyber threats
Baltimore: government computers crippled by attack as hackers demand bitcoin
Attack on city computers prevents employees from sending and knocked out bill pay websites, as hackers demand $76,000
The Guardian, 22 May 2019
Consequences and risks
Compromising of private data
Costly recovery data expenses
Weakened client trust
Financial losses
Critical system disruption
Reputational damage
Theft and fraud
Hackers could control NHS medical aids
Hospitals have been warned about security flaws in medical devices used by the NHS that could allow hackers to disable intravenous pumps or change doses.
The Times, 17 June 2019

5. Global cyber attacks trends
1,552 serious attacks were recorded in 2018.
Cybercrime is the first cause of serious cyber-attacks at a global level.
Malware is the most widespread technique of attack, accounting for a total of over 800 million attacks in the third trimester of 2018 (McAfee, 2018)
Cyberattacks occurring worldwide ( )
Source: Clusit 2019

6. The financial costs of cybercrime for large companies
The global average cost of cybercrime for large companies climbed to $13 million in 2018, with an increase of 12% from $11.7 million reported in 2017, and 72% in the last five years*.
Cost of cybercrime (2018)
Banking and utilities industries continue to bear the highest costs from cybercrime.
US companies incurred the highest total average cost at $ 27.4 million, followed by Japan.
Source: Accenture and Ponemon Institute, 2019
*The Cost of Cyber Crime Study surveyed 2,647 security and IT professionals in 355 large companies in 11 countries: Australia, Brazil, Canada, France, Germany, Italy, Japan, Singapore, Spain, the United Kingdom and the United States.

7. Cybersecurity in Europe

8. Experience and awareness of cybersecurity in Europe
Europeans feel increasingly exposed to the risk of falling victim to cybercrime.
For this reason, a lot of Internet users in European countries use identification procedures for online services.
According to the Global Cybersecurity Index, in 2018 six European countries were among the top ten most committed countries globally.
United Kingdom US
France
Lithuania
Estonia
Singapore
Spain
Malaysia
Norway
Canada
Source: International Telecommunication Union (ITU)
Source: Eurostat, 2019

9. The European Regulatory Framework: a roadmap

10. The many european initiatives on cybersecurity
2013
EU Cyber-security Strategy
2015
European Agenda on Security
2016
Directive 2016/1148 (NIS Directive)
2017
Strategic Plan for Cyber-security
Mar
Horizontal sanctions regime to counter cyber-attacks
Mar
EU-China: A strategic outlook
Mar
Regulation 2019/452 (on screening of foreign direct investments)
Mar
Recommen-dation on cyber-security of 5G networks
Apr
Regulation 2019/881 (on ENISA and information and communications technology cybersecurity certification)