--- title: New European Union Cybersecurity Proposal Takes Aim at Cybercrime description: Lawmakers are seeking to strengthen cybersecurity across the European Union, advancing new legislation to bolster security requirements for all digital hardware and software products. The proposed law, titled the Cyber Resilience Act, aims to curb cybercrime, which cost the global economy an estimated €5.5 trillion in 2021. Read this blog for an overview of what the proposal covers, factors motivating the legislation and the expected impact. --- [![myncsbutton](https://blog.ncst.com/hs-fs/hub/424090/file-2068907142.png)](https://my.ncst.com/ncsapp/ssl/CustSignIn.aspx) [![NCS-Blue-Logo-400](https://blog.ncst.com/hs-fs/hubfs/NCS-Blue-Logo-400.png?width=205&height=85&name=NCS-Blue-Logo-400.png)](http://www.ncst.com/)   - [About NCS](https://www.ncst.com/about/) - [Leadership](https://www.ncst.com/leadership/) - [Careers](https://www.ncst.com/careers/) - [Corporate Commitments](https://www.ncst.com/corporate-commitments/) - [Upcoming Events](https://www.ncst.com/upcoming-events/) - [In the News](https://www.ncst.com/in-the-news/) - [Document Library](https://www.ncst.com/document-library/) - [Contact Information](https://www.ncst.com/contact-information/) - [Solutions](https://www.ncst.com/solutions/) - [Client and Printer Integration](https://www.ncst.com/solutions/client-and-printer-integration/) - [Mobile Client and Printer Integration](https://www.ncst.com/solutions/client-and-printer-integration/) - [Mission Rugged Systems](https://www.ncst.com/rugged-servers-special-mission-systems/) - [Rack-Scale Integration](https://www.ncst.com/solutions/rack-scale-integration/) - [OEM Appliance Development](https://www.ncst.com/solutions/oem-server-appliance/) - [Additive Manufacturing/3D print](https://www.ncst.com/solutions/additive-manufacturing/) - [Why Source From NCS](https://www.ncst.com/solutions/why-source-from-ncs/) - [Products](https://www.ncst.com/products/) - [Enterprise Products](https://www.ncst.com/products/enterprise-products/) - [Client Products](https://www.ncst.com/products/client-products/) - [Additive Manufacturing / 3D Products](https://www.ncst.com/products/additive-manufacturing-products/) - [Peripheral Products](https://www.ncst.com/products/peripherals-products/) - [Technology Building Blocks](https://www.ncst.com/products/technology-building-blocks/) - [Why Buy From NCS](https://www.ncst.com/products/why-buy-from-ncs/) - [Customers](https://www.ncst.com/customers/) - [Contracts](https://www.ncst.com/contracts/) # The View From NCS Technologies ## [New European Union Cybersecurity Proposal Takes Aim at Cybercrime](https://blog.ncst.com/new-european-union-cybersecurity-proposal-takes-aim-at-cybercrime1667856203) Posted by [Mike Turicchi](https://blog.ncst.com/author/mike-turicchi) on Nov 7, 2022, 4:23:24 PM - [Tweet](https://twitter.com/share) Lawmakers are seeking to strengthen cybersecurity across the European Union, advancing new legislation to bolster security requirements for all digital hardware and software products. The proposed law, titled the Cyber Resilience Act, aims to curb cybercrime, which cost the global economy an estimated €5.5 trillion in 2021. Read this blog for an overview of what the proposal covers, factors motivating the legislation and the expected impact. 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