UK Businesses in Hot Water Over NIS2 Confusion: Fines Looming!
Many UK enterprises are in a pickle, unsure if the NIS2 Directive applies to them. While 68% are in the clear, a clueless 22% might face hefty fines. Remember, “not sure” won’t save you from a €10m penalty! Time to brush up on your EU law, or risk a regulatory slap.
Hot Take:
If UK businesses were playing a cybersecurity game of “Who Wants to Be a Millionaire?”, they’d have just used their ‘Phone a Friend’ lifeline to call the EU and ask, “So, uh, does NIS2 apply to us?” Spoiler alert: 22% still don’t have the answer, but they might just win a lovely parting gift—fines up to €10 million!
Key Points:
- A significant 22% of UK enterprises are unsure if the EU’s NIS2 Directive applies to them.
- 10% of those who know NIS2 applies admitted to non-compliance by the deadline.
- NIS2 aims to enhance security across the EU, affecting businesses with EU ties.
- Potential penalties for non-compliance can be steep, reaching €10m or 2% of global revenue.
- The UK plans to update its cybersecurity laws with the Cyber Security and Resilience Bill.
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