Mastering NIS2 compliance with trusted identities
A significant step toward enhancing the cybersecurity of critical infrastructure and digital service providers is the implementation of the revised European Network and Information Security Directive, known as NIS2. Given the rapidly evolving cybersecurity threats, NIS2 stands as the cornerstone of strengthening defenses in the EU.
Compliance with NIS2 will require affected entities to invest in cybersecurity, crisis management, and network and application security. Trusted identities play a crucial role in this context, closely aligning with NIS2 requirements. By implementing multi-factor authentication, identity and access controls are protected.
Non-compliance could result in fines of up to 10 million euros or 2% of annual turnover, with top executives potentially held personally liable.
Understanding the importance of NIS2
Although compliance with NIS2 is imperative, many organizations remain unaware of the new directive.
There are two significant changes in NIS2 compared to its predecessor, NIS:
- Scope Expansion: The scope broadens significantly, encompassing a much larger number of entities. For example, in Germany, the impact of NIS2 is substantial, with the number of affected entities expected to surge from 1,800 to 29,000. This expansion includes smaller companies and new sectors like waste, ICT, public, space, chemical, and food. Furthermore, sectors included under NIS, notably health and digital, also see expanded coverage.
- Minimum Cybersecurity Requirements: With NIS2, new cybersecurity requirements are introduced, offering clear guidance to entities across the EU on the measures they must implement to manage risks effectively. The directive emphasizes that all entities must “take appropriate and proportionate technical, operational, and organizational measures to manage [their cybersecurity] risks.” Additionally, NIS2 explicitly underscores that "essential and important entities should embrace a comprehensive set of fundamental cyber hygiene practices, including zero-trust principles, […] identity and access management."
The consequences of non-compliance go beyond fines, potentially resulting in data breaches, financial losses, and reputational damage. As seen in recent years, cyberattacks can have far-reaching impacts on businesses and society. Furthermore, NIS2 ensures a unified, harmonized approach to cybersecurity across the European Union. It is about meeting legal requirements while contributing to a safer and more secure digital ecosystem.
The timeline for achieving NIS2 compliance is significant. Organizations need to invest time, resources, and expertise in this process. Though the transposition of NIS2 into the national laws of the 27 EU member states is set for 18 October 2024, this date does not mark the final compliance deadline for entities subject to NIS2. Still, based on the experiences with other EU regulations and directives, the expectation is that companies must fulfill NIS2 no later than 2025. The process typically spans 9 to 15 months for an organization to achieve full NIS2 compliance. So, there is no time to waste – act now!
Leveraging trusted identities: The answer to NIS2
To enable true end-to-end security and prevent cyber-attacks against the workforce and the modern workplace, given its evolving work dynamics, a public-key infrastructure (PKI) can be used to issue certificate-based identities. These trusted identities secure the workforce and the workplace with strong multi-factor authentication, aligning closely with NIS2 identity and access management requirements.
Our European Workforce eIDAS-compliant cloud service enhances trust in digital and physical employee identities. Designed for global scalability and managed by Nexus experts, it streamlines administrative processes and simplifies deployment.
At Nexus, we assist organizations and governments in protecting their sovereignty by issuing trusted identities. We are reshaping digital trust, one secure identity at a time.
Do you want to know more about NIS2 and how to stay compliant by issuing trusted identities?