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Friday, April 26th, 2024

Chamber of Commerce report provides recommendations for US-EU cybersecurity cooperation

The U.S. Chamber of Commerce recently released a report, which includes policy recommendations that would help align the United States and the European Union (EU), regarding frameworks, standards, and best practices for cybersecurity.

The report, titled Transatlantic Cybersecurity: Forging a United Response to Universal Threats, was written in conjunction with the international business law firm Sidley Austin to support a policy approach offered by the National Institute of Standards and Technology’s (NIST) cybersecurity framework, the Network and Information Systems (NIS) Directive, and the General Data Protection Regulation.

The recommendations made in the report include recognition of the NIST framework by NIS Directive competent authorities, expanding the role of the EU Agency for Network and Information Security (ENISA) as a convener, promoting the EU’s engagement in refining the NIST framework, and providing opportunities for NIST in the EU Cybersecurity Cooperation Group.

The report also recommends increasing usage of the NIST framework by EU businesses and industry groups, expanding ENISA’s engagement with European data protection institutions, and strengthening the EU-U.S. cybersecurity dialogue.

“The EU and U.S. contain the hubs for more than half of the internet traffic in the world, and these networks provide vital infrastructure for nearly half of the world’s GDP,” Cameron Kerry, senior counsel at Sidley Austin, said. “Common cybersecurity frameworks and sharing of information and best practices will help strengthen security for everyone.”