myCloudDoor’s Post

Navigating NIS 2: Strengthening Cybersecurity Across the EU 🌍🔒 👉 What is NIS-2? As cyberattacks become more frequent and complex, the European Union has taken significant steps to strengthen its cybersecurity framework. NIS 2, the updated Network and Information Security Directive, marks a new era in the EU’s approach to protecting critical infrastructure and digital services. 👉 What’s New? NIS 2 expands the scope of the original directive, now covering more sectors and businesses. In addition to traditional infrastructure like energy, transport, and health, digital infrastructure, manufacturing, and public administration are now included. A key element of NIS 2 is the requirement for companies to implement stronger cybersecurity measures. This includes mandatory risk management practices, regular vulnerability assessments, and incident reporting obligations. Organizations must demonstrate their readiness to regulators with documented security strategies and emergency response plans. Another important aspect is the tightened reporting requirement. Businesses must report significant incidents within 24 hours of detection. Additionally, NIS 2 introduces stricter penalties for non-compliance, emphasizing the EU’s commitment to enforcing these regulations. Companies that fail to meet the requirements may face substantial fines. As NIS 2 takes effect, it’s crucial for all affected businesses to review and adapt their cybersecurity practices. By complying with these regulations, companies can not only protect themselves but also contribute to a safer digital ecosystem across Europe. 🌍   #Cybersecurity #NIS2 #DigitalTransformation #Compliance #EURegulation #RiskManagement Reply

𝗧𝗵𝗲 𝗜𝗺𝗽𝗼𝗿𝘁𝗮𝗻𝗰𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗡𝗲𝘄 𝗡𝗜𝗦 𝟮 𝗗𝗶𝗿𝗲𝗰𝘁𝗶𝘃𝗲 𝗶𝗻 𝗖𝘆𝗯𝗲𝗿𝘀𝗲𝗰𝘂𝗿𝗶𝘁𝘆 Over the past few weeks, we have been emphasizing the importance of the new 𝗡𝗜𝗦 𝟮 𝗱𝗶𝗿𝗲𝗰𝘁𝗶𝘃𝗲, a fundamental regulation for strengthening cybersecurity across the European Union. Compliance with 𝗡𝗜𝗦 𝟮 is not only a requirement but a strategic necessity for organizations aiming to protect their networks, information systems, and data. The directive is built on four key pillars - 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲, 𝗥𝗶𝘀𝗸 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁, 𝗜𝗻𝗰𝗶𝗱𝗲𝗻𝘁 𝗡𝗼𝘁𝗶𝗳𝗶𝗰𝗮𝘁𝗶𝗼𝗻, and 𝗜𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝗦𝗵𝗮𝗿𝗶𝗻𝗴 - which are essential for building resilient infrastructures. Check out our infographic from last week for a visual summary of these pillars and the main obligations companies must meet under this new regulation. Want to dive deeper into how NIS 2 affects your organization and how to ensure compliance? Download our comprehensive video guide for all the insights you need to stay prepared: 👉 https://lnkd.in/d3xVpgUq Stay secure and compliant as we move into this new era of cybersecurity. #NIS2Directive #Cybersecurity #Governance #RiskManagement #IncidentNotification #InformationSharing #myCloudDoor #EUCompliance #DataProtection #DigitalTransformation

🚀 The digital landscape of Cybersecurity and operational resilience is evolving rapidly. From GRC standpoint, two significant legislations, i.e. NIS2 Directive and DORA, are set to reshape the way we manage these critical aspects. Are you ready?     🔍 NIS2 - EU Directive:  The Network and Information Security (NIS2) Directive primarily aims to bolster cybersecurity across the EU. It extends the scope to include more sectors and imposes stricter security requirements. Compliance isn't just a legal obligation but a business imperative to safeguard your operations and reputation.     🔍 DORA Regulation:  On the other hand, the Digital Operational Resilience Act (DORA) focuses on ensuring financial entities are prepared for digital disruptions. These regulation requires firms to have robust cybersecurity measures, incident reporting, and resilience testing in place.      🏗️ Preparation is Key:  Awareness: Stay informed about its benefits and implications for business. Assessment: Conduct a gap analysis to understand where your organization stands and identify areas for improvement. Action Plan: Develop a comprehensive plan to address the gaps and ensure compliance.    🗓️ Effective Timelines:  👉🏻 NIS2: Enters into effect across EU member states by October 2024.  👉🏻DORA: Comes into effect in January 2025.     👥 Why It Matters:  - Protect your organization from cyber threats.  - Enhance operational resilience.  - Build trust with clients and the wider-stakeholders.     During transformation, let's make compliance a competitive advantage to business! 🌟 #technology #compliance #GRC #Cybersecurity #NIS2 #DORA #SupplyChainResilience #stakeholder_trust #future_proof #Information_security

The European Union’s NIS2 Directive is now in full effect, expanding its scope to cover 15 sectors including manufacturing, digital providers, and postal services. This update aims to boost cybersecurity resilience across essential and important service providers, impacting over 160,000 organizations in Europe and beyond. Key highlights: -Expanded Scope: Now includes sectors like online markets, social networks, and postal services. -Stricter Requirements: Enhanced rules for risk management, incident response, and supply chain security. -Significant Penalties: Noncompliance can result in fines up to €10 million or 2% of global annual turnover. -High Costs: Estimated annual cost of compliance is €31.2 billion, with significant investments needed in technology and training. As we navigate these new regulations, it’s crucial for organizations to prioritize cybersecurity and ensure compliance to avoid hefty penalties and enhance their overall security posture. #Cybersecurity #NIS2 #Compliance #EURegulations #RiskManagement #IncidentResponse #SupplyChainSecurity

🌐 Are You Ready for NIS 2? Understanding Jurisdiction and Compliance The European Union's cybersecurity landscape is evolving, and the NIS 2 Directive (Directive (EU) 2022/2555) raises the bar for organizations across sectors. But does your organization fall under its jurisdiction? In our latest blog, Mukund Cadambi and I discuss the complexities of NIS 2, from determining applicability to understanding compliance requirements. Whether you’re an essential or important entity—or even operating outside the EU but providing services within—it’s crucial to know your obligations. 💡 Key Insights from the Blog: ✅ Sectors impacted by NIS 2, including energy, healthcare, and digital infrastructure. ✅ Jurisdictional clarity for EU and non-EU entities. ✅ Risk management, reporting obligations, and potential penalties. 🔗 Read the full blog here: https://lnkd.in/gQmfg-N5 and find out how to safeguard your operations and ensure compliance with this pivotal directive. 💬 Let’s talk: Have questions about NIS 2 or need guidance? Coalfire’s experts are here to help you navigate compliance and secure your organization. #NIS2 #Cybersecurity #Compliance #EURegulations #Coalfire

Understanding the #NIS2 Directive: Insights from the comprehensive article by the Centre for Cybersecurity Belgium - Expansive scope: The NIS2 Directive broadens the definition of sectors and entities under its purview, including #energy, #transport, #banking, and #digital #infrastructure, among others. - Enhanced cybersecurity measures: Entities must adopt comprehensive #risk #management practices, from risk analysis to #incident #handling and #supply #chain security. The directive emphasizes the need for basic cyber hygiene and advanced cybersecurity training. - Incident reporting obligations: Significant incidents must be reported promptly to national authorities, emphasizing transparency and swift response to cyber threats. - Stricter sanctions: The directive introduces substantial fines for non-compliance, pushing entities to prioritize cybersecurity at the highest levels of management. - Preparation is key: EU member states required to transpose NIS2 into national law by October 17, 2024, now is the time to prepare. I highly recommend reading the full article: https://lnkd.in/eWEAHS3r #Cybersecurity #NIS2 #EU

The Pillars of a Strong Information Security Posture In the current digital era, information security is an essential business requirement rather than just a "nice to have." Data breaches can be extremely costly for businesses; they can also damage their reputation and cause them to lose confidence. Thus, what steps can you take to guarantee that your company has a very strong information security posture? Here are some crucial aspects to pay attention to: Standardization: Implementing a framework such as ISO 27001 offers an organised method for managing information security. It facilitates risk identification and management, the development of safe procedures and policies, and maintains ongoing progress. Data Privacy: It's critical to protect personal information according to some new laws like the Personal Data Protection Act (PDPA). Compliance requires the use of incident response plans, access controls, and data classification. Vulnerability Assessment and Penetration Testings (VAPT): Regular vulnerability assessments and penetration tests, or VAPTs, let you proactively find security holes in your apps and systems before hackers can take advantage of them. You may establish a solid foundation for information security by taking care of these issues. Want to learn more? Encryptasia provides an extensive range of information security services to assist you in reaching your objectives. We can help you implement ISO 27001, ensure data protection laws are followed, and do comprehensive VAPTs Let's connect and discuss how Encryptasia can help you build a strong information security in your organization. #informationsecurity #cybersecurity #ISO27001 #PDPA #VAPT #EncryptAsia

🔔 NIS2 Law: A Critical Deadline is Approaching – 18 October 2024 🔔 The NIS2 Directive is transforming cybersecurity for businesses in critical sectors, much like GDPR did for personal data protection. If your company operates in industries such as water supply, energy, banking, healthcare, or transportation, you must act now. Under NIS2, organisations are required to: ✅ Implement cyber risk management tools and procedures ✅ Regularly assess these measures ✅ Report security incidents promptly Failure to comply could lead to fines of up to €10,000,000 or 2% of your annual global turnover. For detailed insights on NIS2 compliance, check out our full article here 👉 https://lnkd.in/eGnc4gA6

Cybersecurity in 2024: Mastering New Legislative Waters and Ensuring Compliance As cyber threats grow increasingly sophisticated, staying updated with the latest legislative changes is crucial. Our latest article delves into significant cybersecurity legislative updates across major global economies and outlines essential compliance measures for businesses. Key Highlights: - United States: New Cyber Incident Reporting for Critical Infrastructure Act (CIRCIA) and revised FTC Safeguards Rule. - European Union: NIS2 Directive and Digital Operational Resilience Act (DORA) strengthen cybersecurity frameworks. - United Kingdom: Updated Telecommunications (Security) Act and ICO guidelines on data protection. - China, Japan, Canada, Australia, India, and Brazil: New amendments and laws enhancing cybersecurity measures. Compliance Measures: - Risk Assessment and Management - Incident Response Planning - Employee Training and Awareness - Compliance Monitoring and Auditing - Technological Solutions Read the full article to explore how your business can navigate these complex regulatory landscapes effectively - https://lnkd.in/gS5FmXi7 Stay informed with Global Regulatory Insights for the latest updates in cybersecurity and compliance. #Cybersecurity #Compliance #Legislation #DataProtection #GlobalRegulatoryInsights #CyberThreats #RiskManagement

🌐 The NIS-2 Directive: Strengthening Cybersecurity Across Europe The evolving cyber threat landscape demands robust and comprehensive strategies to protect critical infrastructure. The NIS-2 Directive, an updated framework from the European Union, aims to enhance the resilience and cybersecurity of critical entities across Europe. Here's a brief overview: 🔒 Key Highlights of NIS-2 Directive: 🛡 Expanded Scope: NIS-2 extends its reach to include a broader range of sectors such as healthcare, digital infrastructure, public administration, and more, ensuring a more comprehensive protection of critical services. 🛡 Enhanced Security Requirements: Organizations are now required to implement stronger cybersecurity measures, including risk management, incident reporting, and supply chain security. 🛡 Improved Cooperation: NIS-2 fosters better collaboration between EU member states, ensuring more efficient information sharing and joint response to cyber threats. 🛡 Stricter Enforcement: The directive introduces tougher penalties for non-compliance, ensuring organizations prioritize cybersecurity and adhere to the new regulations. 🛡 Incident Reporting: Entities must report significant incidents within 24 hours, improving the ability to respond swiftly to cyber threats and mitigate their impact. 🔧 Why NIS-2 Matters: NIS-2 represents a significant step forward in building a more secure and resilient digital ecosystem in Europe. By setting higher standards and promoting cooperation, it aims to safeguard critical services and infrastructure from increasingly sophisticated cyber attacks. #CyberSecurity #NIS2 #CriticalInfrastructure #EU #CyberResilience #InformationSecurity #DigitalTransformation #Compliance #RiskManagement #IncidentResponse 🌟 Stay informed and prepared. Share your thoughts on how NIS-2 will impact your industry! 💬 🔗 For more detailed information on the NIS-2 Directive, please connect with us at Yokogawa.