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The Impact of NIS 2 on Corporate IT Security Budgets

Sep 7, 2024

Sep 7, 2024 | Cybersecurity, Uncategorized

The Impact of NIS 2 on Corporate IT Security Budgets

VELEVO® Team

VELEVO® Team

Tags: NIS 2

With the introduction of the NIS 2 Directive by the European Union, companies face new challenges, particularly regarding their IT security budgets. The directive imposes stricter cybersecurity requirements, forcing companies to significantly increase their IT security expenditures to meet the new standards. This article explores how NIS 2 affects IT budgets and provides strategies for companies to meet these requirements efficiently.

Why NIS 2 Requires Higher IT Security Expenditures

The NIS 2 Directive imposes stricter requirements on network and information security. It expands its scope to more industries, including digital infrastructure, telecommunications, energy supply, and cloud providers. This means more companies are now required to implement state-of-the-art security measures.

How the Requirements Affect IT Budgets

  • Investments in Security Infrastructure: Companies need to invest in advanced security solutions to meet the required standards.
  • Employee Training: Implementing regular IT security training programs incurs additional costs.
  • External Consultant Support: Hiring external IT security consultants further strains IT budgets.

Budget Optimization and Cost-Saving Strategies

  • Prioritize Security Measures: Companies should focus their budgets on the most critical areas of security.
  • Use Open-Source Solutions: Open-source security solutions can be a cost-effective alternative to commercial tools.
  • Collaborate with External Providers: Managed security services can be more cost-effective in the long run.

VELEVO® offers specialized consulting services to help companies implement the NIS 2 Directive. Learn more at velevo.net.

VELEVO® Team

VELEVO® Team

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