Cloudflare Threatens Italian Exit Over €14 Million Regulatory Fine
By
soheilpro
Kettled twice. Extra chewy, extra trustworthy.
Summary
Cloudflare, an American network and cybersecurity company, has threatened to exit the Italian market in response to a €14 million fine imposed by Italy's Communications Regulatory Authority AGCOM. The dispute originated from a copyright issue but has escalated into a geopolitical conflict, with Cloudflare CEO Matthew Prince warning that the company could withdraw its services from Italy. This would potentially leave critical infrastructure like the upcoming Milan-Cortina Winter Olympics vulnerable to cyberattacks, highlighting Europe's dependence on American tech companies for digital security despite efforts to establish digital sovereignty.
Key quotes
· 5 pulledAmerican network giant Cloudflare has issued an unprecedented ultimatum to the Italian government
CEO Matthew Prince has threatened to pull the plug on Cloudflare's operations in Italy
This would mean the withdrawal of cybersecurity protections for the upcoming Milan-Cortina Winter Olympics
laying bare the lopsided power dynamics in our digital world
While Europe seeks to assert its digital sovereignty through legislation
You might also wanna read
North Korea's Fake IT Worker Scheme: 100,000 Workers Funnel $500M Annually to Regime
Researchers from IBM X-Force and Flare Research have uncovered North Korea's extensive fake IT worker scheme, where approximately 100,000 No
theregister.com·2mo ago
ShinyHunters leaks 4.9 million Charter Communications customer records after extortion refusal
ShinyHunters, a hacking group, claims to have leaked personal data of 4.9 million Charter Communications customers after the telecom company
theregister.com·9h ago
Eric Schmidt warns U.S. tech workers must sacrifice work-life balance to compete with China's 12-hour workdays
Former Google CEO Eric Schmidt warns that U.S. tech workers' preference for remote work and work-life balance puts them at a competitive dis
fortune.com·14h ago
Falcon AIDR Provides Prompt Layer Threat Detection for Kubernetes AI Applications
The article discusses how AI applications deployed in cloud environments introduce new security threats at the "prompt layer" — the interfac
crowdstrike.com·21h ago
17-Year-Old Builds Free Security Scanner After Seeing Small Businesses Priced Out of Cybersecurity
A 17-year-old security professional recounts how small businesses are priced out of cybersecurity solutions. After a healthcare practice in
infosecwriteups.com·1d ago
Microsoft calls for coordinated vulnerability disclosure after zero-day disclosures put customers at risk
Microsoft addresses the recent public disclosure of zero-day vulnerabilities that were not shared with the company beforehand, putting custo
microsoft.com·1d ago