The sale of Dutch cloud services firm Solvinity to American IT giant Kyndryl has caused alarm within national and local government because it undermines efforts to reduce dependence on US technology companies and safeguard control over sensitive data, the Financieele Dagblad reported on Wednesday. Under the US Cloud Act, cloud service providers can be required by law to make information available to the US government, even if the storage is located in Europe. Solvinity provides secure cloud and data services to...
Or at least have some concept of strategic industries where this can’t just happen without the government having looked into the implications. Industries like energy, arms and cloud.
Even (or well, especially) China does this better.
China for example has a mandate that companies have to be headed and overseen by a state employee, independent from the company’s CEOs.
What the EU must do, is to achieve full operational independence from foreign actors.
That only moves the problem around
It does, but at least they’re more accountable. And honestly, having full independence of the EU is critical especially in these stormy times!