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Investment in cybersecurity in the EU

A next-generation Cybersecurity platform is on its way to the European Union. The EU is investing millions of euros in creating this platform

A financing agreement has been signed between the European Investment Bank and EclecticIQ, a Dutch cyber security company specializing in information services and technologies. The funding is around 15 million euros.

“The agreement will give EclecticIQ access to the funding it needs to further accelerate the development of its cybersecurity platform and expand internationally in a strategically important and rapidly growing market,” he said.

The European Fund for Strategic Investments (EFSI), a strong underpinning of the Investment Plan for Europe, will be the cornerstone of this funding.

BlueCerts has warned of the dramatic increase in cybercrime around the world. Pandemic Covid-19 brought us an acceleration in the processes of digitization and dematerialization, but also brought us the worst side of this case, cybercrime. This major investment by the EU is further proof that solutions are needed and that we should all care.

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