Croatian Parliament approved The Cyber Security Act on January 26th.
The Act opens new opportunities for Croatian companies. The greater need for cyber security solutions will increase the demand for companies specialized in that area. At the European Union level, there are not many companies that can provide advanced services. That makes the area of cybersecurity relatively free. The situation is similar both in large and small countries.
"The NIS2 Directive's approach to the mandatory implementation of the cyber security requirements is not as narrow as the requirements NIS1 Directive had. The NIS2 Directive's approach sets cyber security requirements for the entire business of each organization, not only for key operator services," says Azur Šaćiragić, Director of IT & Homeland Security in ALFATEC Group.
All companies in the IT sector, regardless of size, will have to comply with the NIS2 directive. This obligation is also an opportunity for them to certify their cyber services and to apply them through the EU register in Croatia and beyond. Standardization of services will also make domestic companies more competitive in tenders for EU funding.
As far as Croatian banks are concerned, they are safe, since all banks were subject to the NIS 1 directive and will be subject to the NIS 2 directive as well. There will not be many changes, except the fact that the security of financial institutions in Croatia will be improved.
"Compliance with the new cyber security requirements will ensure lower costs and fewer losses in case of cyber incidents, but also enable business entities dealing with cyber security to increase competitiveness, not only on the Croatian but also on the EU market," concludes Azur Šaćiragić, Director of IT & Homeland Security in ALFATEC Group.
ALFATEC Group and Thales are ready with the CipherTrust Manager solution for the upcoming changes. Alfatec expert IT security team can help you assess your readiness.
Thales offers comprehensive data security solutions that help organizations to act in accordance and be compliant with the NIS2 directive.
“NIS2 is an important milestone in European cybersecurity because it extends and unifies the risk management approach to verticals that have been left out of the regulation until now, and supplemented by the DORA directive, further increases cyber resilience in the financial sector,” says Gabor Hirsch, Regional Sales Manager Adriatics & Hungary from Thales.
What is CipherTrust Manager?
CipherTrust Manager offers the industry-leading enterprise key management solution enabling organizations to centrally manage encryption keys, provide granular access control, and configure security policies. CipherTrust Manager is the central management point for the CipherTrust Data Security Platform. It manages key lifecycle tasks including generation, rotation, destruction, import, and export, provides role-based access control to keys and policies, supports robust auditing and reporting, and offers developer-friendly REST API.
