Cybersecurity: The EU Parliament Approved The New NIS2 Directive

On November 10, 2022, the EU Parliament approved the directive on measures for a high common level of cybersecurity across the Union (the "NIS2 Directive"). The directive repeals the 2016 NIS Directive¹ with the aim of strengthening security against cyber-attacks across a broader range of sectors. The NIS2 Directive seeks to develop further the legislative framework in light of increasing digitization and, consequently, new cybersecurity challenges, including the new challenges raised by the COVID 19 crisis. The NIS2 Directive is also intended to address "several weaknesses that prevented the NIS Directive from unlocking its full potential,"² including inconsistent cybersecurity legislations adopted by Member States and high regulatory compliance costs.