In an era of increasingly sophisticated cybersecurity threats, the European Union has refined its defensive measures by introducing the NIS2 Directive. This legislative framework is designed to enhance the cybersecurity posture across member states by building upon the foundations of its predecessor. Our objective is to empower organizations with a deep understanding of the NIS2 (Network and Information Systems Directive 2022) requirements and support them in achieving compliance, thereby contributing to a more secure digital ecosystem.
What is NIS2 compliance?
The Directive on Measures for a High Common Level of Cybersecurity Across the Union (NIS2 Directive) is a significant update from its predecessor, aiming to address the increasing number of cyber threats and their sophistication. NIS2 extends its scope to cover more sectors and types of entities, emphasizing the importance of cybersecurity across all vital sectors of the economy.
Who must comply with NIS2?
| Essential Entities | Important Entities |
|---|---|
250 employee’s annual revenue above €50 million
|
50 employees’ annual revenue above €10 million
|
*Companies that are not based in the European Union but provide critical services within the EU must comply with the NIS2 regulation. To determine whether your industry sector is listed in the above table and whether you qualify as an “Essential” or “Important” Entity, you need to identify the relevant local regulations in each Member State you operate in. This will ensure that you comply with all necessary regulations.
Why you must comply with NIS2
If your organization falls under the above category mentioned in Table 1, you must comply with the NIS2 Directive. This helps your organization enhance its cybersecurity and protect critical services in the EU. Compliance reinforces reputation and competitiveness, while non-compliance may incur severe regulatory and legal penalties.
| Essential Entities | Important Entities |
|---|---|
| Maximum fine level of at least €10,000,000 or 2% of the global annual revenue, whichever is higher | Maximum fine level of at least €7,000,000 or 1.4% of the global annual revenue, whichever is higher. |
How Happiest Minds can help in your NIS2 journey
Our team of experts will guide you through the entire process of becoming NIS2 compliant, from initial assessment to implementation of necessary cybersecurity measures.
| Evaluate – Discover, Assess & Plan | Address – Remediate | Manage – Monitor & Enhance |
|---|---|---|
| Understand the Scope: Determine if your organization falls within the scope of the NIS2 Directive. | Incident Response Plan: Develop and implement an incident response plan to detect, respond to, and recover from cybersecurity incidents. | Documentation and Record-Keeping: Maintain documentation of your security measures, incident response plan, and incident reports as required by the NIS2 Directive. |
| Risk Assessment: Conduct a thorough risk assessment to identify and evaluate the risks to the security of your network and information systems. | Incident Reporting: Establish procedures for reporting significant incidents to the relevant national authority in compliance with the NIS2 Directive. | Regular Audits and Reviews: Conduct regular audits and reviews of your cybersecurity measures to ensure ongoing compliance with the NIS2 Directive. |
| Security Measures: Based on the outcome of your risk assessment, implement appropriate security measures to ensure a level of security appropriate to the risk. | Cooperation and Information Sharing: Establish relationships and mechanisms for cooperation and information sharing with relevant stakeholders, including national authorities and other OES/DSPs. | – |
| – | Competent Authorities: Identify the competent authority in your member state responsible for implementing and enforcing the NIS2 Directive and establish communication channels with them. | – |
| – | Training and Awareness: Provide training and raise awareness among your employees about cybersecurity risks and best practices. | – |
Our value propositions
- Cybersecurity experts well-versed in EU regulations and experienced in guiding businesses to compliance
- Tailored solutions to meet unique customer demand
- End-to-end support to ensure your business achieves and maintains NIS2 compliance
- Strong history of helping businesses achieve and maintain privacy compliance
- Future-ready solutions for changing regulatory requirements
