Transcription of The NIS2 Directive
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The NIS2 Directive
BRIEFING EU Legislation in Progress EPRS | European Parliamentary Research Service Author: Mar Negreiro Members' Research Service PE June 2022 EN The NIS2 Directive A high common level of cybersecurity in the EU OVERVIEW The Network and Information Security (NIS) Directive is the first piece of EU-wide legislation on cybersecurity , and its specific aim was to achieve a high common level of cybersecurity across the Member States. While it increased the Member States' cybersecurity capabilities, its implementation proved difficult, resulting in fragmentation at different levels across the internal market. To respond to the growing threats posed with digitalisation and the surge in cyber-attacks, the Commission has submitted a proposal to replace the NIS Directive and thereby strengthen the security requirements, address the security of supply chains, streamline reporting obligations, and introduce more stringent supervisory measures and stricter enforcement requirements, including harmonised sanctions across the EU.
Cybersecurity Ventures forecast that global ransomware damage costs would reach US$20 billion by 2021, 57 times more the amount than in 2015. It also predicted that companies would be suffering a ransomware attack every 11 seconds by 2021, up from every 40 seconds in 2016. As a result, businesses have to invest more money to make
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