Japan tech companies scramble to comply with EU cybersecurity laws

NEC, Mitsubishi Electric risk fines or loss of market access

20241203N EU cybersecurity

New European Union cybersecurity rules will increase the burden on companies, including ones based outside the bloc. © Reuters

ATSUSHI TERAOKA, Nikkei staff writer

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.

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