Menu

  • Alerts
  • Incidents
  • News
  • APTs
  • Cyber Decoded
  • Cyber Hygiene
  • Cyber Review
  • Cyber Tips
  • Definitions
  • Malware
  • Threat Actors
  • Tutorials

Useful Tools

  • Password generator
  • Report an incident
  • Report to authorities
No Result
View All Result
CTF Hack Havoc
CyberMaterial
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
Hall of Hacks
  • Education
    • Cyber Decoded
    • Definitions
  • Information
    • Alerts
    • Incidents
    • News
  • Insights
    • Cyber Hygiene
    • Cyber Review
    • Tips
    • Tutorials
  • Support
    • Contact Us
    • Report an incident
  • About
    • About Us
    • Advertise with us
Get Help
No Result
View All Result
Hall of Hacks
CyberMaterial
No Result
View All Result
Home News

Underfunded EU Cyber Agency Faces Threats

June 29, 2023
Reading Time: 1 min read
in News
BreachForums Seized by the FBI

During a parliamentary hearing, Juhan Lepassaar, the executive director of the European Union Agency for Cybersecurity, raised concerns about discrepancies in the allocation of funds by the European Commission.

Lepassaar pointed out that the commission’s funding allocation does not adequately reflect the increased cyber risks faced, especially after Russia’s invasion of Ukraine.

Despite the growing cyber threats, the commission has been reluctant to provide additional investments, citing the absence of new tasks.

Lepassaar highlighted the need for increased cybersecurity investments across EU organizations, emphasizing that the private sector allocates about 7% of its IT budget to cybersecurity, whereas the public sector, including the European Commission, allocates a much lower percentage.

Furthermore, Lepassaar expressed concerns about the funding shortfall being exacerbated by the commission’s new cyber legislative proposals.

These proposals could impose new operational requirements on ENISA (European Union Agency for Cybersecurity) without corresponding investment support.

The recently reached political agreement between the European Parliament and Council on enhancing cybersecurity requirements includes the Cyber Resilience Act and EU Cyber Solidarity Act.

Lepassaar argued that these acts introduce new tasks for ENISA without proper consultation or understanding of the resources needed to fulfill the organization’s responsibilities, creating challenges in adapting to the evolving cyberthreat landscape.

Reference:
  • European Cyber Agency Remains Underfunded

Tags: Cyber NewsCyber News 2023CybersecurityEuropean Cyber AgencyJune 2023
ADVERTISEMENT

Related Posts

Oregon Has Passed a New Data Privacy Law

UK To Invest £1B In Cyber Army For Defense

May 29, 2025
Oregon Has Passed a New Data Privacy Law

Oregon Has Passed a New Data Privacy Law

May 29, 2025
Oregon Has Passed a New Data Privacy Law

Horizon 3 AI Secures Near $100M

May 29, 2025
New CISA SIEM and SOAR Cyber Guide Released

New CISA SIEM and SOAR Cyber Guide Released

May 28, 2025
New CISA SIEM and SOAR Cyber Guide Released

Iranian Pleaded Guilty in Robbinhood Case

May 28, 2025
New CISA SIEM and SOAR Cyber Guide Released

Vietnam Cites Security For Telegram Ban

May 28, 2025

Latest Alerts

New PumaBot IoT Botnet Uses SSH Attack

APT41 Uses Google Calendar For C2 Operations

New NodeSnake RAT Hits UK Universities

Microsoft Void Blizzard Cyber Threat Alert

Fake DocuSign Alerts Target Corporate Logins

Fake Bitdefender Site Spreads Venom Malware

Subscribe to our newsletter

    Latest Incidents

    Cork Protocol Paused After $12M Exploit

    Victoria’s Secret Site Down After Breach

    LexisNexis GitHub Breach Affects 364K People

    Migos IG Hack Blackmails Solana Cofounder

    Tiffany & Co. Faces Data Breach Incident

    MathWorks Crippled by Ransomware Attack

    CyberMaterial Logo
    • About Us
    • Contact Us
    • Jobs
    • Legal and Privacy Policy
    • Site Map

    © 2025 | CyberMaterial | All rights reserved

    Welcome Back!

    Login to your account below

    Forgotten Password?

    Retrieve your password

    Please enter your username or email address to reset your password.

    Log In

    Add New Playlist

    No Result
    View All Result
    • Alerts
    • Incidents
    • News
    • Cyber Decoded
    • Cyber Hygiene
    • Cyber Review
    • Definitions
    • Malware
    • Cyber Tips
    • Tutorials
    • Advanced Persistent Threats
    • Threat Actors
    • Report an incident
    • Password Generator
    • About Us
    • Contact Us
    • Advertise with us

    Copyright © 2025 CyberMaterial