BEAMSTART Logo

As Apple, Microsoft Battle EU Regulations, This New Cybersecurity Rule Can Cost Companies Up To $10M If They Fail To Comply

Benzinga LogoBenzinga11h ago

As Apple, Microsoft Battle EU Regulations, This New Cybersecurity Rule Can Cost Companies Up To $10M If They Fail To Comply - Benzinga

Quick Summary:

The regulation, which updates the previous National and Information Systems (NIS) directive, requires businesses to enhance risk management, transparency, and business continuity planning.

The European Union’s NIS 2 cybersecurity directive, now enforceable, mandates companies to bolster their cybersecurity practices or face hefty fines.

Despite the enforcement deadline, many EU countries have not yet incorporated it into their national laws, potentially leading to inconsistent enforcement, CNBC reported on Thursday.

More Pictures

As Apple, Microsoft Battle EU Regulations, This New Cybersecurity Rule Can Cost Companies Up To $10M If They Fail To Comply - Benzinga (Picture 1)

or

Article Details

Author / Journalist: Pooja Rajkumari

Category: Technology

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-17 @ 13:02:07 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 399 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23102861

View Article Analysis

About Benzinga

Benzinga Logo

Main Topics: Technology

Official Website: benzinga.com

Update Frequency: 27 posts per day

Year Established: 2010

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #53

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "As Apple, Microsoft Battle EU Regulations, This New Cybersecurity Rule Can Cost Companies Up To $10M If They Fail To Comply" has 399 words across 20 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "As Apple, Microsoft Battle EU Regulations, This New Cybersecurity Rule Can Cost Companies Up To $10M If They Fail To Comply" was covered 11 hours ago by Benzinga, a news publisher based in United States.

How trustworthy is 'Benzinga' news outlet?

Benzinga is a fully independent (privately-owned) news outlet established in 2010 that covers mostly technology news.

The outlet is headquartered in United States and publishes an average of 27 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.
  • News ID: #23102861
  • URL: https://beamstart.com/news/as-apple-microsoft-battle-eu-17291706045456

More News from Benzinga

Latest Jobs

More Technology News

BEAMSTART

BEAMSTART is a global entrepreneurship community, serving as a catalyst for innovation and collaboration. With a mission to empower entrepreneurs, we offer exclusive deals with savings totaling over $1,000,000, curated news, events, and a vast investor database. Through our portal, we aim to foster a supportive ecosystem where like-minded individuals can connect and create opportunities for growth and success.

Our Company

© Copyright 2024 BEAMSTART. All Rights Reserved.