Its ability to defend itself and deter its foes is the single most important guarantee of international peace and security in the world.

CENTERFORSECURITYPOLICY: Ending Israel's losing streak

Andreeva rejected the idea that the new rules will deter U.S. or non-EU companies from investing in the 27-nation single market but said that customers are not willing to trade privacy for money.

CNN: EU watchdogs need 'teeth' to clamp down on privacy breaches