* . * . . .
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Cookie Privacy Policy
  • DMCA
  • California Consumer Privacy Act (CCPA)
Monday, May 12, 2025
Love Europe
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Sports
  • Travel
No Result
View All Result
  • Politics
  • Business
  • Culture
  • Opinion
  • Lifestyle
  • Sports
  • Travel
No Result
View All Result
Love Europe
No Result
View All Result
Home Croatia

European companies anxious over non-implementation of EU cyber rules

October 18, 2024
in Croatia
European companies anxious over non-implementation of EU cyber rules
Share on FacebookShare on Twitter
ADVERTISEMENT

Countries including Germany, the Netherlands, Sweden and Czechia have draft laws pending, while others like Ireland, Greece and Spain are further behind in the process.

The rules were approved back in 2022 with the aim to protect critical entities, such as energy, transport, banking, water and digital infrastructures, against major cyber incidents. It will repeal NIS1 which – according to the Commission – failed to improve cyber resilience of businesses operating in the EU, and did not promote joint crisis response.

NIS2 introduces a new timeline for reporting incidents – with a warning to be given within 24 hours and an incident report delivered within 72 hours – whenever a company faces serious operational disruption.

Difficulties with compliance

Countries are adopting different approaches. Denmark for example will look at updating the rules on a sectoral basis and will start its compliance with the energy sector. 

Some governments, including the French, warned about the lack of awareness among companies that now fall within the rules, as well as the increased scope: rising from 500 entities concerned under NIS1, to 15,000 possibly affected under NIS2.

Businesses in turn are worried about the fragmented implementation of the rules, and challenges of compliance for providers operating in multiple markets. 

EurEau, the European Federation of National Associations of Water Services, which represents private and public national drinking and wastewater service providers, said that the member states’ delays cause some worries. 

Its Secretary General, Oliver Loebel, told Euronews that “it remains unclear in many countries which water operators will be covered by the directive, and we anticipate that it is likely that there will be significant variations between Member States, which is concerning.”

“The water sector may require financial support to implement all the necessary measures, but this support is far from guaranteed. Smaller operators, in particular, may struggle to access and engage cybersecurity experts. We also trust that existing resilience strategies, such as water safety plans, can be integrated into broader resilience frameworks,” he added.

Software lobby group BSA shares the concerns. It said in a statement to Euronews that its members are worried about the lack of alignment on timelines and entities to which the reporting should be done across Europe .

“There are some significant concerns. The EU Commission still has not published the implementing regulation on “incident reporting,” a major element of NIS2. Without that clarity, it is difficult for businesses to fully understand what is required of them, and the window for compliance is shrinking fast,” BSA said.

European DIGITAL SME Alliance worries about the tens of thousands SMEs that potentially will be affected if they are in the supply chain of larger companies that fall under the NIS2 rules.

“There is a lack of clarity regarding how companies should secure their supply chains. Without clear guidance, it is difficult for companies to prepare, and there is a concern that in the absence of other recommendations, entities needing to secure their supply chains will default to the same requirements as the NIS2, regardless of the inclusion of a risk-based approach,” the association said in a statement.

ADVERTISEMENT

NIS 2 also comes with penalties for non-compliance: fines of up to €10 million or 2% of global annual revenue. In addition, senior management can be held personally liable for security breaches caused by negligence, which means that responsibility for cybersecurity policy will go beyond IT departments.

Source link : http://www.bing.com/news/apiclick.aspx?ref=FexRss&aid=&tid=67120983130d42a2a48db20b48e58947&url=https%3A%2F%2Fwww.euronews.com%2Fnext%2F2024%2F10%2F17%2Feuropean-companies-anxious-over-non-implementation-of-eu-cyber-rules&c=8619525488072935697&mkt=de-de

Author :

Publish date : 2024-10-16 22:50:00

Copyright for syndicated content belongs to the linked Source.

Tags: CroatiaEurope
ADVERTISEMENT
Previous Post

Techie earning ₹80 LPA in Europe seeks to move back to India at lower offer; netizens not convinced

Next Post

3 Swedish Growth Companies With High Insider Ownership Growing Revenues At 19%

Related Posts

Croatia

Croatia Inflation Charge Falls to 4-Month Low – TradingView – EUROP INFO

Croatia

France | UEFA Nations League 2025 – UEFA.com – EUROP INFO

Croatia

France 2-0 Croatia (Mar 23, 2025) Ultimate Rating – ESPN – EUROP INFO

ADVERTISEMENT

Highlights

A Bold Critique of Putin and the Ukraine Crisis – EUROP INFO

TAG Heuer Porsche Formula E Team Shines in Monaco Double-Header, Extending Championship Lead! – EUROP INFO

An Enchanting Ancient Lake Getaway That Outshines Lake Como with Breathtaking Scenery and Incredible Value! – EUROP INFO

Watch Out for ‘Illegal’ Device Affecting 33 Million! – EUROP INFO

S&P Global Hints at Possible Junk Status for Romania’s Credit Rating – EUROP INFO

Categories

Archives

October 2024
MTWTFSS
 123456
78910111213
14151617181920
21222324252627
28293031 
« Sep   Nov »
  • Contact Us
  • Privacy Policy
  • Terms of Use
  • Cookie Privacy Policy
  • DMCA
  • California Consumer Privacy Act (CCPA)
No Result
View All Result
  • Home
  • Politics
  • News
  • Business
  • Culture
  • Sports
  • Lifestyle
  • Travel
  • Opinion

© 2024 Love-Europe

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Go to mobile version