Open source foundations unite on common standards for EU’s Cyber Resilience Act

The Cyber Resilience Act was first unveiled in draft form nearly two years ago, with a view toward codifying best cybersecurity practices for both hardware and software products sold across the European Union.

It's designed to force all manufacturers of any internet-connected product to stay up-to-date with all the latest patches and security updates, with penalties in place for shortcomings.

These non-compliance penalties include fines of up to €15 million, or 2.5% of global turnover.