TOKYO -- Japanese tech companies like NEC and Mitsubishi Electric are struggling to keep up with cybersecurity regulations being enacted in the European Union, putting themselves at risk of being excluded from the market or hit with heavy fines.
NEC, Mitsubishi Electric risk fines or loss of market access
New European Union cybersecurity rules will increase the burden on companies, including ones based outside the bloc. © Reuters
TOKYO -- Japanese tech companies like NEC and Mitsubishi Electric are struggling to keep up with cybersecurity regulations being enacted in the European Union, putting themselves at risk of being excluded from the market or hit with heavy fines.