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 organizations to comply or face hefty fines. With the deadline approaching, it’s crucial for businesses to assess their readiness for this legislation.
NIS2, set to become law in October 2024, will impact Ireland’s digital services sector significantly. Compliance will be mandatory for organizations that meet specific size and turnover thresholds. Failure to meet the Directive’s cybersecurity standards could result in severe penalties. CEO of .ie, David Curtin, warns that approximately 3,000 Irish entities will need to comply with the new legislation, a significant increase from the previous directive.
Unlike its predecessor, NIS2 will cover a broader range of sectors and enforce stricter reporting requirements. Curtin emphasizes the importance of proactive measures to prepare for the upcoming changes. Conducting a thorough audit of systems, assessing risk management strategies, and testing incident response plans are essential steps for organizations to take.
As the deadline approaches, Irish businesses must ensure they are ready for NIS2. By taking proactive steps now, organizations can avoid potential fines and ensure compliance with the new cybersecurity legislation.