NIS-2 Comes Into Effect: Why Your Company Must Act NOW

Introduction: NIS-2 – A Wake-Up Call for Your Business

Update September 2024: The NIS-2 implementation law is delayed – the original deadline to transpose it into German law by October 17th cannot be met. The law still has to go through several readings and rounds in the Federal Council and Bundestag before it comes into effect. According to current information, the delayed implementation is planned for March 2025.

In March 2025, the new EU directive on Network and Information Security, known as NIS-2, is set to come into effect. This directive serves as a wake-up call for many companies that have been weak in terms of cybersecurity. However, it's about more than just complying with legal requirements – it’s about protecting your business, your customers, and your reputation.

Imagine your business as a fortress. NIS-2 asks you to modernize this fortress, reinforce its walls, and allow access only to those who are truly authorized. It’s a necessary step that will not only make you safer but also more future-proof.

In this article, we will explain why it is crucial to take your security measures to the next level now, how you can implement the process in your company, and why Bare.ID is your ideal partner on this journey.

NIS-2: What Does it Mean for Your Business – and Why Should You Act Now?

The NIS-2 directive is not just another regulation to be filed away in your drawer. It is a catalyst for change in how businesses handle their IT security. Here are the key points you need to know:

• Expanded Scope: From wastewater companies to logistics firms to digital service providers – NIS-2 affects a wide range of sectors that were previously not covered by the directive.
• Higher Requirements: The directive demands more than just a firewall and antivirus software. It requires deep security management that proactively detects and defends against threats.
• Stricter Consequences: Missed security measures can have severe consequences – both financially and for your reputation. NIS-2 includes high fines and compensation claims.

So why should you act now? Because cybersecurity is not just a duty, but also a competitive advantage. Companies that adapt their security measures early to the new requirements position themselves as trusted partners and are better prepared against the growing threats in the digital world. Additionally, you can expect that necessary security measures will increase in the future rather than decrease.

Multi-Factor Authentication (MFA) as a Necessary Measure for NIS-2 Compliance

One of the most effective methods to prevent unauthorized access to sensitive systems is the implementation of Multi-Factor Authentication (MFA). By combining multiple independent authentication factors – such as something the user knows (password), something the user has (mobile phone), and something the user is (biometric data) – the risk of a successful attack is significantly reduced.

The introduction of Multi-Factor Authentication is no longer just a recommendation, but a necessity to meet NIS-2 security requirements. Companies that do not implement adequate authentication mechanisms expose themselves to increased security risks and face the aforementioned penalties and consequences. MFA not only protects access to sensitive data but also strengthens trust in the security infrastructure of your company – a critical factor in today’s threat landscape.

Where Should You Start? Overcoming Typical Challenges When Implementing Multi-Factor Authentication for NIS-2

1. Does the implementation feel too cumbersome?

Your challenge: The new NIS-2 requirements may seem intimidating at first. You’re wondering how to implement all of this without disrupting your daily business?

Our approach: With Bare.ID by your side, implementing Multi-Factor Authentication (MFA) becomes an easy task. Our authentication solution integrates seamlessly into your existing IT landscape without disrupting operations. This way, you can focus on what truly matters: your core business.

2. Concerned about frustrating your employees?

Your challenge: Security measures that hinder your employees' workflow often lead to frustration and lower acceptance. MFA is often perceived as disruptive and, when possible, is circumvented.

Our approach: Bare.ID combines secure Multi-Factor Authentication with a user-friendly Single Sign-On to make the login process as simple and secure as possible. Thanks to cutting-edge technologies like biometrics and one-time passwords, the processes remain fast and smooth – without compromising security. Your employees will see the new solution not as a burden, but as a shield that has their backs.

3. The costs – is it even affordable?

Your challenge: Especially for small and medium-sized businesses, the costs of comprehensive security solutions can be a decisive factor. You wonder if you can afford the necessary measures?

Our approach: Bare.ID offers a flexible and scalable solution that adapts perfectly to the needs and budget of your company. You only pay for active users and benefit from a transparent pricing model with no hidden costs. Our solution also reduces the need for internal resources, ensuring you can continue working securely and cost-effectively in the long term.

4. Compliance – how can I be sure everything is covered?

Your challenge: Compliance with regulatory requirements can be complex and confusing. How do you ensure that your company meets all the requirements?

Our approach: With Bare.ID, you’re not just on the safe side – you’re going a step further. Our solution not only ensures NIS-2 compliance but also supports adherence to other relevant security standards, such as GDPR. We ensure your security measures are always up to date, so you can focus on your business while we take care of your security.