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Workshop Preventing Cyber-theft of Trade Secrets

09:30 - 12:40

On behalf of the European Innovation Council and SMEs Executive Agency (EISMEA) and the Directorate General for Internal Market, Industry, Entrepreneurship and SMEs of the European Commission, we are glad to invite you to our workshop on Preventing Cyber-theft of Trade Secrets: Awareness toolkit for SMEs!

The global economy is becoming increasingly digitalised but also at risk of cyber-attacks. More and more, foreign actors are trying to rob European companies of their trade secrets to steal their innovation and improve their competitiveness. In 2022, a survey sample showed that nearly half of EU companies experienced cyber-attacks. The average cost of cyber-attacks in 2023 ranged between EUR 8.9 thousand to EUR 22.3 thousand per company, but such an attack can also easily take a company out of business! Big companies are also not the only ones facing threats. Small companies can be targeted, potentially putting a whole supply chain at risk.

Considering the important risks that cyber-theft poses to the EU economy, EISMEA and DG GROW are hosting this workshop to present a toolkit designed to raise awareness about the serious threat of cyber-theft of trade secrets and improve SMEs’ ability to fight against it.

The workshop will gather insight to ensure SMEs and the broader European economy are cyber-secure and resilient against all threats to businesses’ trade secrets. It will also foster expert discussion on how to maximise the impact of the toolkit.

This workshop is open to both individuals interested in learning more about cyber-theft, and seasoned professionals keen to share expertise and influence the design of EU policy in cybersecurity. 

More details to follow.

This online workshop is an initiative of the European Union.

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