MEP Bart Groothuis has been quoted as saying “this is the best cyber security legislation this continent has yet seen, because it will transform Europe to handling cyber incidents pro-actively and service orientated.”
Differing national cybersecurity measures makes the European Union (EU) more vulnerable. The new legislation sets tougher requirements for businesses, administrators and infrastructure. Last week, the rules requiring EU countries to meet stricter supervisory and enforcement measures and harmonize their sanctions were approved by the Members of the European Parliament (MEPs).
The Network and Information Security (NIS) Directive was the first EU-wide legislation on cybersecurity and its aim was to achieve a high common level of cybersecurity across the Member States. While increasing Member States’ cybersecurity capabilities, its implementation proved difficult with the result of fragmentation at various levels across the internal market.
To address the growing threats posed by digitalization and the surge in cyberattacks, the European Commission submitted a proposal to replace the NIS Directive. This has lead to the introduction and adoption of the NIS2 Directive.
This legislation sets stricter cyber security obligations for risk management, reporting obligations and information sharing. The requirements also cover incident response, supply chain security, vulnerability disclosure and encryption, amongst others.
A result of this new Directive is that more entities and sectors will have to take measures to protect themselves. “Essential sectors” have been defined, which includes energy, transport, banking, health, digital infrastructure, public administration and space sectors. Furthermore, numerous “important sectors” such as manufacturing of medical devices and digital providers will be protected by the new rules. All medium-sized and large companies in selected sectors would fall under the legislation.
Furthermore, a framework for better cooperation and information sharing between different authorities and Member States have been created as well as a European vulnerability database.
The only aspect remaining is for the European Council to formally adopt the law before it will be published in the EU’s Official Journal.
Does your organization have questions about cyber security or how the NIS2 Directive may impact you? Contact us, the Experts in Data Privacy at firstname.lastname@example.org for more information.