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Guide to the EU's cybersecurity regulations

In today's ever-evolving digital landscape, cybersecurity threats are a constant concern. To combat these threats, the European Union (EU) has implemented a trio of regulations aimed at fortifying the cybersecurity posture of critical infrastructure and organizations: the Digital Operational Resilience Act (DORA), the Network and Information Systems Directive (NIS 2), and the Cyber Resilience Act (CRA).

DORA, NIS 2, and CRA represent a significant step forward for EU cybersecurity. They create a comprehensive framework that addresses different aspects of cybersecurity, ultimately protecting businesses, critical infrastructure, and citizens from cyber threats.

  • NIS 2

    Has the broadest scope, impacting businesses in essential sectors like energy, transportation, waste management, and healthcare. It requires them to report incidents, manage risks, and use secure technologies.

  • DORA

    Focuses specifically on the financial sector, including banks, insurance companies, and investment firms. It aims to ensure they have robust operational resilience and can withstand cyberattacks.

  • CRA

    Will set cybersecurity requirements for the manufacturers of hardware and software products sold in the EU. This will ensure that these products are secure from the ground up.

Future Processing's AI demystifies EU regulations

Future Processing, a technology consultancy and software delivery partner, unveils an AI-powered chatbot. Our highly skilled specialists designed and trained the AI to help you understand the regulations and their impact on your business. Have questions about DORA, NIS 2, and CRA's impact on your business? Ask our chatbot for answers!

The High Cost of Ignoring Cybersecurity Regulations

In light of potential multi-million euro fines, operational suspensions, and severe reputational harm from data breaches, companies disregarding DORA, NIS 2, or CRA implementation expose themselves to a cascade of detrimental consequences.

Benefits of Implementing CRA/NIS2/DORA

Despite the initial investment required, implementing CRA, NIS 2, and DORA offers significant benefits for businesses in the long run. Here are some of the key advantages:

Enhanced Cybersecurity Posture

The regulations promote a more robust cybersecurity framework, making businesses less vulnerable to cyberattacks and data breaches.

Improved Risk Management

The implementation process requires a thorough assessment of cybersecurity risks, allowing businesses to proactively address vulnerabilities.

Increased Customer Confidence

Demonstrating compliance with these regulations can build trust with customers who are increasingly concerned about data privacy and security.

Competitive Advantage

In some industries, compliance with these regulations can become a competitive differentiator, attracting clients who prioritize strong cybersecurity practices.

Reduced Operational Costs

While there is an upfront cost for implementation, robust cybersecurity can prevent costly downtime and data breaches in the long run.

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Sources:

The Digital Operations Resilience Act (DORA)The Network and Information Systems Directive 2The Cyber Resilience Act

Important:

The presented content reflects the state of knowledge as of April 2024.

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Dominik Samociuk

Head of Security