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NIS 2 – New Cyber Security Requirements for Organizations
What do you need to know about the new directive ?
What is NIS2 ?
The Network and Information Systems Directive (NIS 2) is an EU regulation that aims to increase the level of cyber security in EU member states. It imposes obligations on critical and important organizations, such as risk management, incident reporting and regular system audits. This will help companies in key sectors such as energy, health and ICT to better protect their networks and data from cyber threats.
Objectives of introducing new regulations:
Strengthening cyber resilience
Increase the level of protection of networks and information systems
Improve detection and response to incidents
Unification of security standards
Raising awareness and responsibility
Ensuring business continuity
Fines for non-compliance with NIS2
The NIS2 directive provides for severe financial penalties for entities that fail to comply:
- max. at least €10 million or at least 2% of total annual worldwide turnover for key entities,
- max. at least EUR 7 million or at least 1.4% of the total annual worldwide turnover for significant entities, whichever is higher.
- the directive also provides for periodic penalty payments to enforce compliance and introduces criminal sanctions for breach of the requirements
Who is affected by NIS 2?
Organisations that meet the conditions below will be required to self-assess their compliance with the NIS 2 Directive
The NIS 2 Directive covers two main categories of entities:
Key players – organizations operating in sectors of strategic importance to the functioning of society and the economy, such as:
- Energetics
- Transport
- Finances
- Healthcare
- Water supply and wastewater
- Digital infrastructure
- ICT service management
- Entities of public administration and space
Significant Entities – organizations with significant market power that also need to comply with NIS 2. Examples of sectors include:
- Postal and courier services
- Waste management
- Production, processing and distribution of chemicals
- Food production, processing and distribution
- Manufacturing (broadly defined)
- Digital service providers
- Research
The NIS 2 directive mainly applies to medium and large enterprises. Organizations that have at least 50 employees and an annual turnover of more than €10 million must comply with its requirements. An exception is made for smaller organizations that operate in key sectors and have been deemed important because of their importance to the economy and public safety.
Key obligations imposed by the NIS 2 directive
Risk assessment – Regular analysis and identification of cyber security risks.
Incident management – implement procedures for rapid detection, response and reporting of incidents.
Auditing and reporting – systematically conduct audits and report the results to relevant authorities.
Supply chain security – ensuring the protection and monitoring of suppliers and partners.
Systems monitoring – continuous surveillance of IT infrastructure to detect and prevent cyber threats.
Incident reporting – the obligation to immediately inform supervisory authorities of serious incidents.
Implement technical and organizational measures – take measures to strengthen the protection of systems and data.
VIRTUO SOC supports key areas related to NIS 2 directive requirements, in particular:
- Incident management
- Monitoring of systems
- Reporting incidents
With our solutions, organizations can effectively respond to cyber threats, ensuring compliance with NIS 2 regulations.
If you are looking for comprehensive support in meeting NIS 2 requirements – from auditing and risk assessment, to implementing security policies, infrastructure monitoring and incident handling, to preparing full documentation – VIRTUO is the partner to guide you.
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