The Latest Trends in Cybercrime and Their Impact on Cybersecurity Regulation – Cyber Threats and Cyber Resilience in the European Union

Mezei, Kitti and Nagy, Tamás (2024) The Latest Trends in Cybercrime and Their Impact on Cybersecurity Regulation – Cyber Threats and Cyber Resilience in the European Union. MTA LAW WORKING PAPERS (16). pp. 1-15. ISSN 2064-4515

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Abstract

The research paper examines the evolving landscape of cybercrime and its implications for cybersecurity regulation within the European Union. The analysis highlights significant trends in cyber threats, including the escalation of phishing attacks, mobile banking fraud, and ransomware incidents in the post-COVID-19 era. The study elucidates the increasing sophistication of cybercriminal techniques, with a particular emphasis on integrating artificial intelligence and social engineering methodologies to enhance the effectiveness of cyber attacks. Furthermore, the paper scrutinises the European Union's regulatory responses, notably the Digital Operational Resilience Act (DORA), the NIS2 Directive, and the Markets in Crypto Assets Regulation (MiCA), which collectively aim to strengthen cybersecurity and resilience across vital sectors. By assessing these developments and legislative measures, the research underscores the critical need for comprehensive and adaptive cybersecurity frameworks to mitigate the escalating risks posed by contemporary cyber threats.

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