The European Union is set to implement the NIS2 cyber security bill in just a few months, with a deadline of October 17th. This law aims to enhance the EU’s ability to combat cyber crime by ensuring all member states adhere to the same cyber security regulations.
Within the directive, each EU member state must establish its own CSIRT and a national network and information systems authority if they haven’t done so already. The EU will also create an NIS Cooperation Group to facilitate collaboration on cyber security among member states. Additionally, businesses operating in critical sectors must implement strict cyber security measures and report cyber threats.
For UK companies selling products in the EU, complying with NIS2 is crucial despite Brexit. Failure to comply can result in hefty fines and damage to the company’s reputation. It is essential for businesses to understand and implement the NIS2 requirements, focusing on governance, risk management, and incident response.
Although there may be challenges in meeting NIS2 compliance, it is crucial for businesses to prioritize cyber security and take necessary steps to avoid penalties. By involving executive leadership, enhancing incident response procedures, and investing in training and technology, businesses can effectively adhere to NIS2 regulations and protect themselves from cyber threats.