Summary
The EU Cyber Resilience Act (CRA) is set to introduce significant cybersecurity requirements for digital products sold in Europe. This legislation mandates that manufacturers adhere to new cybersecurity standards, ensuring their products are secure by design and providing updates for vulnerabilities over the product’s lifespan. The CRA affects a broad range of products, especially those connected to the internet, compelling American companies to comply if they wish to sell in the EU market.
Key Points
- The CRA applies to products with digital elements that connect to devices or networks.
- Manufacturers must fix vulnerabilities free of charge and provide regular security updates.
- Key obligations include cybersecurity by design, rigorous documentation, and robust reporting processes.
- Non-compliance can lead to severe penalties, including product bans and heavy fines.
- The act takes effect for products launched after December 11, 2027, though some reporting obligations begin as early as September 11, 2026.
Why should I read this?
If you’re in the tech or manufacturing sector, this article is essential. The EU Cyber Resilience Act will soon impact how US companies operate if they have any dealings in Europe. Ignoring it could mean hefty fines or even losing the ability to sell critical products in a significant market. So let’s save you the headache – read on to arm yourself with what you need to know to stay compliant.