Suryaa International Desk: European Union official Teresa Ribera has stated that the EU must completely rethink its security strategies in light of the growing global influence of Big Tech giants. Speaking to the media at an event in Lisbon, the capital of Portugal, she stated that traditional methods are insufficient to address current cyber threats and digital challenges.
Ribera opined that security should be viewed as broader than merely inspecting and testing equipment connected to critical infrastructure. She emphasized that regulation must ensure the operations of Big Tech companies are highly transparent and adhere to democratic values. She expressed concern over recent developments in Europe, including cyberattacks, disruptions to transport systems, and interference in electoral processes, describing them as serious threats to democracy.
Warning that member countries must immediately take effective measures to face these new challenges, Ribera stated that failure to act could pose a major challenge to Europe's security and values in the future. She clarified that the European Union is taking steps aimed at creating transparent systems without a monopoly by any single entity in the digital sector.