In late 2022, the European Parliament introduced the Network and Information Systems Directive (NIS2) and the Digital Operational Resilience Act (DORA) to enhance cybersecurity across the EU.
NIS2 requires compliance by EU member states by October 18th, 2024, focusing on robust security measures for digital service providers, while DORA, effective January 17th, 2025, mandates financial institutions to ensure digital resilience.
These regulations will significantly affect how businesses approach digitalization and cybersecurity, with organizations needing to act quickly to comply. Revyz’s Atlassian Data Protection solution offers tools like automated daily backups, granular restore capabilities, detailed audit logs, and automatic malware scanning to help organizations meet these new compliance requirements and protect their data in the Atlassian Cloud.
NIS2 applies to essential sectors such as energy, transport, banking, healthcare, and digital infrastructure, as well as important entities like postal services, waste management, and food production.
US companies providing services to EU customers must also comply.
Non-compliance can lead to substantial fines: up to €10 million or 2% of global annual revenue for essential entities, and up to €7 million or 1.4% for important entities, with even harsher penalties under DORA for financial institutions.
Achieving compliance involves understanding obligations, conducting risk assessments, assembling a compliance team, educating employees, and building resilience.
SoftComply’s partner Revyz simplifies this process for Atlassian Cloud users by ensuring secure backups, enhancing data security, and boosting operational resilience, aiding organizations in navigating the NIS2 and DORA landscape confidently.
