ECB raises concerns over new Cyprus agency

Powers given to digital security agency should not prejudice those of ECB, opinion warns

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The European Central Bank has recommended that Cyprus’s government make several changes to a law setting up a new digital security agency.

The Cypriot government has drafted a law that would set up the DSA and give it the task of securing the country’s electronic communications systems and networks. Cyprus is a member of the eurozone.

The ECB said it was ready to co-operate with the DSA, once it was created, in safeguarding the electronic infrastructure used by eurozone financial institutions

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