Understand NIS2 Requirements - New EU Cyber Law “NIS2


NIS2 Directive: What Small and Medium-Sized Businesses Need to Know

August 22, 2024

Mullingar, Ireland – As the October 2024 deadline approaches, small and medium-sized businesses (SMBs) across Europe are gearing up for the implementation of the Network and Information Security Directive 2 (NIS2). This new directive, aimed at bolstering cybersecurity across the EU, brings significant changes that SMBs must understand and prepare for.

What is NIS2?

The NIS2 Directive is an update to the original NIS Directive, expanding its scope and tightening cybersecurity requirements. It mandates that businesses in critical sectors, such as energy, transport, health, and digital infrastructure, implement robust cybersecurity measures to protect against potential cyber threats.

Impact on Small and Medium-Sized Businesses

While the NIS2 Directive primarily targets medium and large enterprises, certain SMBs will also fall under its view. Specifically, SMBs that provide essential services or operate critical infrastructure will need to comply with the directive’s stringent cybersecurity standards. This includes implementing risk management measures, reporting incidents, and ensuring the security of their networks and information systems.

Key Requirements

  1. Risk Management: SMBs must adopt a risk-based approach to cybersecurity, identifying and mitigating potential threats to their operations.
  2. Incident Reporting: Businesses are required to report significant cybersecurity incidents to relevant authorities within 24 hours.
  3. Security Measures: Implementing technical and organizational measures to safeguard their systems, including regular security assessments and employee training which is essential.

Challenges and Opportunities

For many SMBs, meeting the NIS2 requirements will be challenging due to limited resources and expertise. However, compliance also presents an opportunity to enhance their cybersecurity posture, build customer trust, and gain a competitive edge in the market which INET Computer Solutions can help you achieve.

Support and Resources

To assist SMBs in navigating these new regulations, various resources and support programs are available. Governments and industry bodies are offering guidance, training, and financial assistance to help businesses achieve compliance.

 

Conclusion

As the NIS2 Directive comes into effect in October 2024, SMBs must take proactive steps to understand and implement its requirements. By doing so, they can not only ensure compliance but also strengthen their cybersecurity defences, safeguarding their operations and customers in an increasingly digital world.

 

If you have any questions or would like to address any concerns about your Cyber Security Strategy, please contact the Team at INET. +353 44 9362000 www.inetcs.ie or email  info@inetcs.ie

Useful Link from National Cyber Security Centre Please click on Link
NCSC_NIS2_Guide.pdf

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