With less than a month away before the updated landmark Network and Information Security (NIS2) Directive deadline, organizations across the EU are preparing for the new regulation to come into full force on the 17th October. However, it doesn’t stop there. On the 17th January 2025, the new Digital Operational Resilience Act (DORA) will also come into effect for financial organizations and the sector’s third-party IT suppliers.
Organizations across the EU, and those based elsewhere that do business with the region’s entities, are facing increasing pressure to align with these regulatory requirements. The convergence of these frameworks looks to impact over 170,000 European organizations in total — with 150,000 organizations affected by the NIS2 and estimates suggesting over 22,000 financial entities and ICT service providers impacted by DORA.
