The upcoming Network and Information Security 2 Directive (NIS2) in the EU aims to boost cybersecurity and resilience in response to rising digital threats and cyber-attacks. Member States have until October 17, 2024, to implement the security requirements outlined in NIS2 into their national laws.
Although the UK is not bound by EU legislation anymore, UK businesses operating essential services in the EU must comply with NIS2 regulations. Failure to comply may result in sanctions by the relevant authorities in the EU. UK businesses solely operating within the UK should also stay informed about the new requirements as the UK plans to update its information security laws with similar provisions.
In light of this scenario, understanding NIS2 and its objectives is crucial for businesses, especially those working with or serving EU-based organizations. The scope of NIS2 affects various sectors including energy, transport, banking, health, and digital infrastructure. Medium and large companies in these sectors are subject to NIS2 regulations, with stricter oversight and enforcement measures than its predecessor.
Eight key requirements of the NIS2 Directive include implementing cryptography and encryption methods to protect data, ensuring data protection across supply chains, preparing for cyber incidents, maintaining business continuity, securely sharing vulnerability information, enforcing cyber hygiene, implementing access control and asset management, and developing an IT security maintenance strategy.
To aid in NIS2 compliance and streamline cloud collaboration, businesses are advised to use cloud collaboration tools with end-to-end encryption capabilities. These tools provide ultimate data protection, secure access, enforcement of security policies, encryption of email attachments, and more. By enhancing cybersecurity capabilities and adopting encrypted collaboration tools, UK businesses can prepare for compliance with NIS2 standards and local cyber laws.
As businesses navigate the evolving tech regulatory landscape, it is essential to prioritize cybersecurity measures to safeguard against cyber threats and ensure compliance with the NIS2 Directive. By staying informed, implementing robust encryption practices, and preparing for regulatory changes, businesses can enhance their cybersecurity posture and adapt to the changing regulatory environment effectively.