EU to boost protection of undersea cables

An additional €540 mn will be invested under the bloc's Connecting Europe Facility into digital infra

- Bloomberg

The European Union will boost funding and surveillance for thousands of miles of undersea cables at risk of sabotage, to better protect the bloc's energy and digital security.

The European Commission, the EU's executive arm, will channel hundreds of millions of euros from existing budgets and work with private and public investors to roll out so-called "smart cable" systems to function as an early warning system for potential threats, according to a draft document seen by Bloomberg News.