John Whelan: Why cybersecurity will soon keep board directors awake at night

New EU directives means cyber strategy is now business strategy

Companies and their boards of directors would do well to recognise that cyber strategy is a business strategy.

The EU and Nato last week condemned “malicious cyber activities” against Germany, as an investigation into who was behind the 2023 cyberattack on the German Social Democrat party (SPD) was concluded, indicating that a Russian cyber espionage group were responsible, pointing to the Russian hacking group known as Fancy Bear.

A director-general at the European Parliament Kristian Knudsen separately sent an internal notification to all staff confirming that a breach of the system for hiring temporary staff had taken place in April at the EU’s Luxemburg facility.