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Fortune
Fortune
Prarthana Prakash

Europe's tech lag is the ‘single biggest long-term challenge’ for EU security

Wolfgang Ischinger speaking at a conference. (Credit: Lennart Preiss/picture alliance via Getty Images)

Europe is falling behind other parts of the world when it comes to technology, whether that’s in venture capital funding or innovation. That’s soon going to compromise the region’s security, predicts Wolfgang Ischinger, a top German diplomat and former head of the Munich Security Conference.

The continent is “definitely not in good shape” in its attempts to keep pace with defense and security technology, Ischinger told Politico.

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