The European Commission wants to update and improve technology security to keep cyber attacks at bay.
The Commission proposed to upgrade its security agency ENISA to be quicker and more flexible to deal with challenges to Europe's computer network. ENISA acts as a support system for technology emergencies.
In 2008 the World Economic Forum said that there is a 10 percent to 20 percent chance that a major critical information infrastructure breakdown could cost the world $250 billion.
The European Parliament and the Council of Ministers must vote to adopt the new security proposals before they can be enforced.