A new EU cybersecurity law is on the horizon, and Irish businesses need to be prepared. The Network and Information Security Directive, also known as NIS2, will soon come into effect, requiring compliance from organizations that meet specific size and turnover thresholds. Failure to comply could result in significant fines, making it crucial for businesses to assess their readiness for the new legislation.
David Curtin, CEO of .ie, expressed concerns about the readiness of Irish entities for NIS2. With an expanded scope covering 15 sectors and stricter enforcement measures, the new directive poses challenges for regulatory compliance. Curtin emphasized the importance of proactive steps, such as conducting system audits, evaluating risk management strategies, and ensuring supply chain compliance.
As the October deadline approaches, organizations must take action to ensure they are prepared for NIS2. By staying informed and taking necessary precautions, businesses can navigate the complexities of the new cybersecurity legislation and avoid potential penalties.