The regulatory landscape in cybersecurity is rapidly evolving in response to growing digital threats and an increasing number of cyberattacks and data breaches. As cyber risks continue to expand, governments worldwide are strengthening their regulations to protect sensitive information, critical infrastructure, and the economy.
With cyberattacks becoming more sophisticated and frequent, regulations are shifting from reactive to proactive, aiming to enhance industry resilience and accountability. This changing landscape reflects the urgency of addressing cybersecurity challenges and ensuring a safer digital environment for businesses and consumers.
EU vs. U.S. Approach
The U.S. and EU have adopted distinct methodologies for addressing cybersecurity risks in the digital economy, reflected in their regulatory frameworks. While both regions share similar cybersecurity concerns, their regulatory processes differ. The U.S. initially focused on sector-specific regulations and hard laws, particularly for cybercrime, but has increasingly shifted toward soft law strategies. Hard laws refer to legally binding rules and regulations that are enforceable by courts or regulatory bodies,…