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2024-09-20 05:10:05
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Summary of Companies face risk of huge fines and suspensions under tough new cyber rules in the EU

Summary of Companies face risk of huge fines and suspensions under tough new cyber rules in the EU
Companies face risk of huge fines and suspensions under tough new cyber rules in the EU


Companies could face hefty fines or even suspensions of service in the EU under strict new cybersecurity regulations set to come into force next month.

https://www.cnbc.com/2024/09/20/eu-nis-2-what-tough-new-cyber-regulations-mean-for-big-business.html


The EU's NIS 2 cybersecurity directive is set to come into force next month, imposing stricter requirements on companies to ensure their operations are secure. The directive applies to organizations that operate within the EU and provide essential services to consumers, including banks, energy suppliers, and healthcare institutions. Companies that fail to comply could face massive fines and even suspensions of service.
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