Global Supply Chains are a way of life for modern business, becoming more complex and integrated.
EU Horizon 2020 Research and Innovation program
June 2021 - September 2024
In the last decade SMEs have been massively hit by sophisticated cyber-attacks, leading to substantial financial losses. According to Accenture, 43% percent of cyberattacks are aimed at small businesses, but only 14% are prepared to defend themselves, leading to losses of $200,000 on average . Organizations are continuously looking for advanced security solutions to combat such disruptive attacks; they are required to meet mandatory security standards, failing which they must pay hefty fines to governments. Data and privacy breaches cause massive data loss to organizations and hamper their brand image. The various regulatory standards include many more than the EU's GDPR. For example, the Payment Card Industry Data Security Standard (PCI DSS), HIPAA, FISMA, Federal Trade Commission (FTC), Gramm-Leach-Bliley Act (GLBA), EU Agency for Network and Information Security (ENISA), and the Homeland Security Act, to name just a few.
SENTINEL will bridge the security and personal data protection gap forEuropean SMEs/MEs, by raising awareness and boosting their capabilitiesin the domain through innovation at a cost-effective level. This visionwill be realised by integrating tried-and-tested security and privacytechnologies into a unified digital architecture and then applyingdisruptive Intelligence for Compliance. Combined with a well-researchedmethodology for application and knowledge sharing and a wide-reachingplan for experimentation for innovation, SENTINEL will help smallenterprises feel considerably more secure and safeguard their and their customers' assets.