In September 2022, a proposal was published for a regulation of the European Parliament and Council on horizontal cybersecurity requirements for products with digital elements, amending Regulation (EU) 2019/1020 on Market Surveillance and Compliance of Products. While the present book was written, the legislative procedure was still ongoing and the latest available Draft was published in October 2024 as the version adopted by the European Council. The proposed Cyber Resilience Act (CRA) represents a major change of regulating access of products with digital elements—which relates to (almost) all of today’s digital components and products including their remote data processing solutions, consumer products, etc.—to the European Union Single Market. New security requirements, specific product lifecycle obligations, and new vulnerability/incident reporting requirements are introduced for placement of such products on the European Union Single Market. Beyond Europe, the CRA is expected to influence cybersecurity related debates globally. The CRA will also likely have substantial impact on the implementation of existing cybersecurity regulation in the EU, including the Radio Equipment Directive and the Network and Information Security 2 (NIS2) Directive. We propose an overview of the draft regulation and discuss possible implementation solutions for compliance with the new essential requirements with the objective to main (continued) access to the European Union Single Market.