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LSEC Foundation Partner of European Cyber Security Pubic - Private Partnership Featured

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PPP Straatsburg 2

Strassbourg, July 5th 2016: LSEC is one of the Foundation Partners of a public - private partnership on cyber security, launched by the European Commission today. The partnership is expected to trigger €1.8 billion of investment by 2020, and is part of a series of new initiatives to better equip Europe against cyber-attacks and to strengthen the competitiveness of its cybersecurity sector.

Today's action plan includes the launch of the first European public private partnership on cybersecurity. The EU will invest €450 million in this partnership, under its research and innovation programme Horizon 2020. Cybersecurity market players, represented by the European Cyber Security Organisation (ECSO), are expected to invest three times more. This partnership will also include members from national, regional and local public administrations, research centres and academia. The aim of the partnership is to foster cooperation at early sExpertisees of the research and innovation process and to build cybersecurity solutions for various sectors, such as energy, health, transport and finance. Commissioner Oettinger today signs the partnership with the ECSO in Strasbourg.

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