An “unmissable meeting of cybersecurity experts,” that opened in Monaco on Wednesday and continues through Saturday, brings together nearly 3,000 participants and 174 partners, digital security players, including startups, SMEs, large groups, and French, European, North American, Middle Eastern and Asian industrialists, some of whom operate in the Principality, the Monaco Government said on Thursday.

Present at the event are KPMG, Lutessa, Monaco Cloud, Monaco Telecom, MVE, Pinappli – powered by Luxtrust, PWC, and Telis, among others.

Those present specialise in advice, service and support for government entities, operators of vital importance (OIV) and businesses having to integrate cybersecurity into their digital transition projects.

During his speech of welcome, Minister of State Pierre Dartout said: “Monaco has decided to align its regulatory framework in terms of digital security to that of the European Directive in order to guarantee that exchanges between the Principality and the EU, which remains the privileged partner of the Principality, are carried out under the same conditions of security as in the internal market of the European Union.

He also stressed: “We are all the more more aware of the efforts that will be required of the structures concerned by this regulatory development that the economic activity of the Principality relies mainly on VSEs (Very Small Enterprises) (3,067), SMEs (819) and 24 mid-sized companies. It is therefore a significant challenge for these structures, more particularly for VSEs and SMEs which, as ANSSI recalled in its overview of cyberthreats in 2022, were the victims most affected by ransomware in 2021 and 2022.”

ORIGINAL SOURCE & PHOTO: Monaco Government Press Service

PHOTO: Minister of State Pierre Dartout in his opening address