NIS2 and the New Cybersecurity Rules: Are You Compliant?

Cybersecurity is no longer just an IT concern, it has become a strategic priority for nearly every organization. With the introduction of NIS2 (Network and Information Security Directive 2), which came into effect in October 2024, regulations have become even stricter.

What truly sets this directive apart? Executives are now personally liable for their organization’s cybersecurity policies.

So, what does that mean for you?

What is NIS2?

NIS2 is a revision and expansion of the original NIS Directive. While NIS1 mainly focused on essential sectors such as energy and transportation, NIS2 significantly broadens that scope. This means the following types of organizations are now also subject to the legislation, making its impact far greater than before and adding new responsibilities:

• IT service providers
• Logistics companies
• Hospitals
• Water and waste management organizations
• Government bodies and digital infrastructure providers

Personal Liability: A Significant Gamechanger

One of the most impactful changes under NIS2 is the introduction of personal liability for executives. This means that if an organization fails to meet its cybersecurity obligations, its leadership can be held personally accountable. The consequences may include:

• Significant fines for non-compliance
• Claims for damages from clients and partners
• Reputational damage to both the organization and individual executives
• Legal action in cases of negligence

What Does NIS2 Mean for Your Organization?

NIS2 doesn’t just call for stronger cybersecurity policies, it also requires proof that your measures are truly effective. This means you must:

• Proactively identify and address cybersecurity risks
• Provide accountability for the actions you’ve taken
• Have continuity plans and escalation procedures in place
• Assess risks related to suppliers and external IT service providers
• Demonstrate compliance with strict documentation and reporting requirements

How escrow helps with NIS2-compliance

A crucial part of cybersecurity is ensuring business continuity. This is where escrow solutions from Escrow4All come into play. With an escrow arrangement, you ensure that:

• Critical software and data remain accessible in the event of IT failure or a cyberattack
• Executives can demonstrate they’ve taken concrete steps to minimise risk
• Your organization complies with the strict requirements of NIS2
• Supplier-related risks are covered through secure source code and documentation deposits

At Escrow4All, we understand that achieving NIS2 compliance can be complex. That’s why we offer escrow services that not only mitigate third-party risk but also support comprehensive risk governance and accountability. Our escrow solutions help organizations:

• Remain independent from specific IT vendors
• Gain legal assurance in contracts and regulatory compliance
• Maintain secure access to essential technologies—even in case of vendor bankruptcy

Our ISO-certified escrow services help organizations efficiently align with the cybersecurity demands of NIS2, contributing to long-term operational stability and regulatory confidence.

Prepare for the future

Cybersecurity regulations are becoming increasingly strict—and NIS2 is a clear example of that shift. Don’t wait for the first fines to be issued. Make sure your organization is ready to meet the new requirements. Get in touch with Escrow4All today to learn how we can help you achieve NIS2 compliance.

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