EU Bolsters Cybersecurity with NIS2: SaaS Apps in Focus
The European Union has bolstered its cybersecurity measures with the passage of NIS2 in 2023. This updated directive, set to be implemented by October 2024, targets essential and important businesses, including those in technology, ICT services, and public administration, along with larger companies and critical infrastructure operators. NIS2 aims to secure network and information systems, with SaaS applications playing a significant role.
NIS2 positions itself as crucial for the smooth functioning of the market, given the increasing dependence on network and information systems and the rise in cyber incidents. SaaS applications, integral to many businesses, must be secured under this directive due to their large attack surfaces. Misconfigurations, user-related issues, and third-party connected applications pose significant risks.
To mitigate these risks and comply with NIS2, organizations are turning to SaaS Security Posture Management (SSPM) platforms. SSPM reduces the attack surface by monitoring misconfigurations, detecting third-party integrations, and overseeing identities and their devices. NIS2 requires member states to implement its sweeping requirements and impose substantial penalties for non-compliance.
NIS2, set to come into effect in October 2024, affects a wide range of organizations in the European Union. These entities must secure their SaaS applications and manage risks to their network and information systems. Failure to comply may result in high fines. By implementing NIS2 requirements, including the use of multi-factor authentication solutions, organizations can enhance their cybersecurity and protect their operations.
