Cyber risk reduction within and among China, Russia, the United States and the European Union has become increasingly important, while significantly more challenging. Despite their different threat landscapes, all four cyber actors face similar cyber risks and regulatory challenges, including on terminology, data transfer and trade flows, jurisdictional tensions and penalty enforcement. Building on previous SIPRI research, including a workshop with Chinese, Russian, US and European experts, this research policy paper explores the respective views on cyber risk reduction regulatory measures and recommendations for enhancement. It concludes with approaches for the EU to enhance its role on cyber risk reduction, including among member states and through collaborative engagement with China, Russia and the USA.
I. Introduction
II. Challenges of cyber risk reduction
III. Enhancing cyber risk reduction
IV. Enhancing the EU’s role
V. Recommendations