The European Commission announced that €1.3 billion ($1.4 billion) will be allocated for cybersecurity, artificial intelligence and digital skills.

The investment, part of the Digital Europe Programme for 2025-2027, aims to drive digital technology advancements in the European Union.

Part of the €1.3 billion funding will be allocated to cybersecurity, specifically for boosting cyber resilience in the EU.

“Cybersecurity solutions such as the EU Cybersecurity Reserve will improve the resilience and security of critical infrastructures including hospitals and submarine cables,” the European Commission said.

Some of the funding will also be used to facilitate the deployment of the EU’s new Digital Identity Wallet, which promises to protect personal data and enhance fraud prevention.

The new funding will also be used for improving the availability and accessibility of gen-AI applications, supporting digital innovation hubs, and enhancing digital skills training and education.

The EU recently announced sanctions against hackers, including Russian nationals accused of being involved in cyberattacks against Estonia, and a North Korean national who allegedly led cyberattack units that aided Russia in the war against Ukraine.

‍

Source: https://www.securityweek.com/part-of-eus-new-e1-3-billion-investment-going-to-cybersecurity/