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Breaking News - Security:

EU Sets Up Internet Security Agency

The European Union governments agreed to launch an agency to protect the Internet by alerting the public about computer viruses, identity theft and other crimes committed online.

The European Network and Information Security Agency is to be operational in early 2004.

It is to help governments, businesses and consumers protect their computer systems and data and inject some order in the varying approaches EU nations have taken so far to combat Internet crimes.

"Trust and security are crucial components in the information society," Erkki Liikanen, the EU's information society commissioner, said in a statement.

"As information flows freely across national borders, so will the network and information security problems," the EU executive commission said in a statement

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