Note to the new EU Commission: Consumer privacy is key

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Note to the new EU Commission: Consumer privacy is key
TheDigitalArtist / Pixabay

Brussels, BE – The incoming Commission President, Ursula von Der Leyen, will have a series of politically delicate hurdles to contend with in the field of cybersecurity. Here is why certification schemes are needed for that goal.

Not least in the domain of 5G, where the EU has come under increased pressure from American counterparts set to adopt a hostile position against next-generation technologies emanating from the far east.

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Europe-wide, following a Commission recommendation for a common EU approach to the security of 5G networks, member states have recently submitted national risk assessments – providing an overview of their most pressing concerns in the future development of 5G infrastructure. These assessments will feed into the next phase, an EU-wide risk assessment to be completed by October 1st.

As part of the European cybersecurity strategy, certification schemes should be implemented on both services and networks.

Luca Bertoletti, Senior European Affairs Manager at the Consumer Choice Center responds: “We welcomed the implementation of the cybersecurity certification schemes but we hope the new commission will keep high standards.

"In our paper written by Mikołaj Barczentewicz, a research associate at the Oxford Centre for Technology & Global Affairs, we recommend using liability rules for operators and resellers of software and devices that expose consumers to the risk of malicious and illegal interference. Personal liability of company directors and executives should be also considered.

“We look forward to starting a productive discussion with the new commission on how to make consumers' digital life, in the 5G era, more secure and private,” said Bertoletti.


The CCC represents consumers in over 100 countries across the globe. We closely monitor regulatory trends in Ottawa, Washington, Brussels, Geneva and other hotspots of regulation and inform and activate consumers to fight for #ConsumerChoice. Learn more at consumerchoicecenter.org.

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Jacob Wolinsky is the founder of ValueWalk.com, a popular value investing and hedge fund focused investment website. Jacob worked as an equity analyst first at a micro-cap focused private equity firm, followed by a stint at a smid cap focused research shop. Jacob lives with his wife and four kids in Passaic NJ. - Email: jacob(at)valuewalk.com - Twitter username: JacobWolinsky - Full Disclosure: I do not purchase any equities anymore to avoid even the appearance of a conflict of interest and because at times I may receive grey areas of insider information. I have a few existing holdings from years ago, but I have sold off most of the equities and now only purchase mutual funds and some ETFs. I also own a few grams of Gold and Silver

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