Empowering SMEs: EU Agency’s Cybersecurity Assessment Tool and the CYBER+ALT Grant Scheme

Small and medium-sized enterprises (SMEs) across Europe now have access to a powerful tool aimed at bolstering their cybersecurity defences. The European Union Agency for Cybersecurity has unveiled an assessment tool designed to help SMEs understand their cybersecurity standing and enhance their digital fortifications.

This initiative addresses the pressing need for organizations to navigate the complex cybersecurity landscape effectively. By comprehending their strengths and weaknesses, SMEs can lay the groundwork for robust cybersecurity systems.

The assessment process kicks off with a thorough review of the SME’s business profile. Factors such as size, cybersecurity budget, industry, reliance on online services, and potential financial consequences of a cyberattack are scrutinized to create a tailored business profile and cybersecurity strategy.

Following the initial assessment, SMEs undergo a more detailed cybersecurity evaluation, delving into their current security measures and practices. This comprehensive examination aims to identify areas of improvement to guard against cyber threats effectively.

Upon completion, SMEs are categorized into one of three cybersecurity maturity levels: Foundation, Advanced, or Expert. The assessment tool then generates a bespoke action plan outlining the steps necessary for the organization to elevate its cybersecurity maturity level.

To facilitate the implementation of these measures, local established SMEs can take advantage of the CYBER+ALT grant scheme, offering 80% funding of the total investment, up to a maximum of €60,000, intended to provision significant assistance to SMEs striving to enhance their cybersecurity defences.

This EU Agency’s assessment tool, coupled with the CYBER+ALT grant scheme, equips SMEs with the means to enhance their cybersecurity resilience. By leveraging these resources, SMEs can proactively safeguard their digital assets, ensuring a secure and resilient future in an increasingly digitized world.

The CYBER+ALT Grant Scheme is co-funded by the European Union. Views and opinions expressed are however those of the author(s) only and do not necessarily reflect those of the European Union or the European Cybersecurity Competence Centre. Neither the European Union nor the European Cybersecurity Competence Centre can be held responsible for them.