Workshop 2.3: Navigating the Storm: Regulatory & Cybersecurity Challenges in the Software Industry

The European software industry is experiencing rapid growth, driven by digital transformation, cloud computing, and artificial intelligence. However, this expansion comes with significant challenges, particularly in regulatory compliance and cybersecurity. Companies operating in the European market must navigate complex legal frameworks and evolving cyber threats to maintain security and trust.

Regulatories which will challenge the software industry are for example:

• The Cyber Resilience Act (CRA), requires security measures for products with digital elements as software
• The AI Act, aims to regulate artificial intelligence applications, particularly high-risk AI systems.
• The Digital Operational Resilience Act (DORA), sets rules to ensure financial entities can withstand ICT disruptions, including risks from third-party suppliers.

The panelists of this session and experts in their field will discuss the challenges and lessons learned regarding cybersecurity in the software industry and helps to navigate the regulatory and cybersecurity challenges. It may seem like steering through a storm, but with the right strategies, software companies can emerge stronger and more resilient.

References: Cyber Resilience Act, AI Act, Digital Operational Resilience Act