The countdown to comply with the new Network and Information Systems (NIS2) Directive is well underway. At present, organisations in EU Member States have until 17 October 2024 to implement the relevant changes to their security systems and strategies. Failure to meet the requirements after this date could lead to fines of up to €10 million or 2% of global annual revenue, whichever is higher. When combined with GDPR fines, the rising cost of data breaches, and the irreparable damages cyber-attacks can have on customer trust and brand reputation, not being ready to comply with NIS2 could have a disastrous impact on businesses of all sizes. But what steps should security teams take to mitigate risk? And how can a modern Identity solution help? In this blog, we’ll use key insights to answer all the above. Six steps to prepare for NIS2 Step #1 Identify your cybersecurity risks Identifying cybersecurity.