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NIS2 Compliance: Why It’s Everyone’s Business

Kyle Morris

Senior Compliance Success Manager

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Did you know that globally, there are 2,200 cyber-attacks every day? That’s an attack happening approximately every 39 seconds!

We’re living in an increasingly digitized world where our dependence on SaaS systems and platforms is continually expanding. Each online service requires a bunch of personal data upon sign-up, and the more valuable data that is stored in the cloud, the more vulnerable we become to the escalating cyber threats

From phishing scams to sophisticated malware and ransomware attacks, the digital realm is under constant siege, and it takes no prisoners. So, in this age, staying ahead of the cybersecurity curve is not just a luxury, but a necessity.

NIS2: The Cybersecurity Watchdog

In this cyber landscape where every digital move is critical, some big guns were needed to enter the ring to combat these threats. Enter the NIS2 Directive. Some might think it’s just more red tape from the EU, but we see it as a crucial guide helping us through the tricky landscape of cybersecurity.

So, What’s the Deal with the NIS2 Directive?

Think of NIS2 (Network & Information System Security) Directive as the upgraded version of its 2016 predecessor, NIS, which, let’s face it, left much room for improvement. 

The evaluation was ineffective, the penalties were unclear, and there was a lack of consistency among member countries. Unlike its predecessor, NIS2 is all about clarity, consistency, and collaboration. It’s designed not only to equip, but to safeguard Europe for the digital age. Its objective is to strengthen cybersecurity measures across the region and ensure that everyone is on the same page regarding the protection of our digital assets. And guess what? The deadline for implementation is looming (October 17, 2024), so it’s time to roll up your sleeves and get compliant.

Who Needs to Comply with NIS2?

NIS2 applies to a wide range of businesses and organizations in the EU, especially those involved in essential and important services. If your company falls into any of these categories, you’ll need to comply:

Essential Entities

  • Energy: Electricity, oil, gas, and district heating providers.
  • Transport: Air, rail, water, and road transport services.
  • Banking: Banks and financial market infrastructures.
  • Healthcare: Hospitals, clinics, and other healthcare services.
  • Drinking Water: Suppliers and distributors of potable water.
  • Digital Infrastructure: Internet exchange points, domain name systems, and cloud computing services.

Important Entities

  • Public Administration: Central and regional government bodies.
  • Space: Companies involved in the manufacturing, operation, and servicing of space-based assets.
  • Food: Large-scale food supply chain operators.
  • Chemical: Manufacturers and suppliers of chemicals.
  • Waste Management: Companies handling waste collection, treatment, and disposal.
  • Postal and Courier Services: Major providers of package and mail delivery services.

If your business operates in any of these areas and meets certain size or importance criteria, you’ll need to follow NIS2 rules. This involves securing your networks and information systems, reporting significant incidents, and working with national authorities to boost cybersecurity.

For small and medium-sized businesses (SMEs), there are some exceptions, but the rules can vary, so it’s important to check the specific guidelines for your sector and country.

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Why NIS2 Is the Name of the Game

NIS2 is more than just another regulation—it’s a game-changer in the world of cybersecurity. Here’s why NIS2 is the name of the game:

Enhanced Security Standards

NIS2 raises the bar for cybersecurity across the EU, ensuring that essential and important entities adopt robust security measures. This means better protection for critical infrastructure and services that we all rely on daily, from energy and transport to healthcare and banking.

Comprehensive Coverage

Unlike its predecessor, NIS2 covers a broader range of sectors and includes more types of organizations. This comprehensive approach ensures that more potential points of vulnerability are secured, creating a more resilient digital ecosystem.

Harmonized Approach

One of the standout features of NIS2 is its aim to harmonize cybersecurity practices across all EU member states. This means more consistent protection standards and better cooperation between countries, making it easier to tackle cross-border cyber threats.

Incident Reporting

NIS2 mandates that organizations promptly report significant incidents, which helps in quickly addressing and mitigating threats. This transparency not only aids in faster recovery but also provides valuable data to improve future cybersecurity strategies.

Accountability and Governance

With NIS2, there’s a stronger emphasis on accountability. Organizations are required to have clear cybersecurity governance structures, ensuring that there’s a dedicated focus on maintaining and improving security practices.

Support for SMEs

While NIS2 sets high standards, it also recognizes the unique challenges faced by small and medium-sized enterprises (SMEs). There are provisions to support SMEs, helping them improve their cybersecurity without being overwhelmed by regulatory burdens.

Scytale: Your Ultimate NIS2 Sidekick

We know what you’re thinking. NIS2 isn’t worth the hassle. It’s another time-consuming and overly complicated regulation. Right? You’re not entirely wrong. But that’s what we’re here for. 

Let our compliance experts hold your hand from start to finish, providing your organization with all the necessary resources needed to comply with NIS2 without the headaches. 

As the deadline for NIS2 compliance approaches, it’s crucial for organizations to understand the regulation, its non-compliance implications, and take proactive measures to protect their organization and the safety of their customers’ data. 

Make Scytale your trusted partner for NIS2, and embrace the EU regulation with confidence.

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