Skip to main content
Cyber threats

Cyber threats

Cyber-attacks to vital infrastructure can cause major disruption, financial losses, and in some cases, loss of life. Action at EU level has been stepped up to address growing challenges linked to cyber crime.

Key risk drivers

With society becoming increasingly dependent on electronic networks and information systems, the potential risks posed by cybercrime are also increasing.

Social engineering remains one of the main methods used for committing cybercrime. Phishing aimed at high value targets (e.g. refined variants of spear phishing such as CEO fraud) have become a key threat.

Digital currencies are used to pay for criminal products and services in the digital underground economy and the dark net. Cryptojacking, meaning the exploitation of internet users’ bandwidth and processing power to mine cryptocurrencies, has emerged as a new trend creating revenue for attackers, further motivating them to hack legitimate websites.

Distributed-Denial-of-Service (DDoS) continues to be a threat for businesses and public organisations, aggravated by the ‘crime-as-a-service’ (connecting specialist providers of cybercrime tools and services with organised groups) model of the digital underground.

Disinformation challenges the integrity of democratic processes, is also a key concern.

 

Addressing the risk: Policy framework

Directive (EU) 2016/1148 on the Security of Network and Information Systems (the NIS Directive) is the first EU-wide law on cybersecurity, and serves as a basis to ensure a high level of security of network and information systems across the EU. Actions include improving cybersecurity capabilities at national level – for example, by developing national cybersecurity strategies, setting up computer security incident response teams, and closely monitoring how well a Member State is protected against cyber threats and incidents. The Communication on ‘Making the most of NISprovides guidance for harmonised transposition of the Directive.

Directive (EU) 2019/713 on combating fraud and counterfeiting of non-cash means of payment presented an opportunity to deal with the transnational nature of organised crime groups active in non-cash payment fraud.

Action at EU level has been stepped up to address growing concerns and challenges linked to online disinformation. In 2018, the Commission published the Communication ‘Tackling online disinformation: a European approach’ and  the ‘Action Plan against Disinformation’, outlining the key principles and objectives that should guide actions to raise public awareness about disinformation and tackle the phenomenon effectively. The 2020 Communication on ‘Secure 5G deployment in the EU – Implementing the EU toolbox’ announces Commission actions to ensure the implementation of the relevant mitigating measures to address the security risks associated with roll-out of 5G networks.

The EU Cybersecurity Strategy outlines the approach to enhancing the EU cyber resilience and autonomy in the face of technological and societal changes, taking into account the geopolitical dimension of cyber space, acceleration of digitalisation, and vulnerabilities revealed by the COVID-19 pandemic.

Addressing the risk: Supportive measures

In 2018, the Commission put forward a proposal to establish a European Cybersecurity Network and Competence Centre to help public authorities and industries across Member States prevent and respond to cyber threats more effectively, including by facilitating access to cybersecurity expertise and state of the art products and solutions. Other measures to fight disinformation include the launch of an Observatory for Social Media Analysis in 2018 and setting up of a Rapid Alert Systemin March 2019.

Last updated: 23 August 2023