New Cybersecurity Directive holds executives personally liable and up to €10 million in fines for organisations

A new directive set to be launched in Ireland in October 2024, could lead to 4,000 businesses in Ireland and their senior executives being personally liable and their organisations exposed to potential fines of up to €10 Million. The expanded Network and Information Security Directive (NIS2) is being implemented to ensure businesses classified as essential and important entities take appropriate measures to enhance their cyber vigilance and protect sensitive data.

In response to these challenges, OpenSky, the business process automation specialists & Microsoft Solutions Partner for Data & AI who use their expertise to bring AI to the centre of digital transformations, have now launched a new Data Management and Governance service for public and private sector organisations.

This new service by OpenSky, powered by Microsoft Fabric & Purview, applies a ‘Data Fabric’ approach as the strategy to connect, protect and make data accessible for organisations, aiming to ensure that they meet robust governance and regulatory compliance requirements. In addition their Data Fabric service allows organisations to build greater AI powered insights from connected data by breaking down internal data silos at scale across departments.

Commenting on the new OpenSky offering which will address organisations concerns, Michael Cronin, managing director, said, “The NIS2 directive is reshaping how we approach data management in Ireland, both in the public and private sectors. It’s an opportunity for us to lead by example, ensuring that our data strategies and AI implementations are secure, transparent, and aligned with the best practices in data governance.”

The NIS2 directive is an EU-wide legislation on cybersecurity that provides legal measures to increase the overall level of cybersecurity in the EU, and urgently puts pressure on public and private sector organisations to determine its impact on their current cybersecurity posture.

The expanded NIS2 Directive is estimated to impact about 4,000 businesses in Ireland, which is significant considering less than 100 businesses in Ireland are currently impacted by NIS1. The expanded NIS2 brings new categories where organisations in scope are either directly involved in the provision of essential services or connected to their delivery.

Roseanne Killeen, Acting CEO Ireland East Hospital Group, who has worked with OpenSky on enriching the access and integration of HR & Finance data in the hospital group said, “Healthcare faces major hurdles in making data accessible across various departments, and this is due to numerous disconnected data silos.

“Navigating the challenges around governance and prevention of data breaches can seem like an arduous task but it doesn’t have to be the case when you have access to all your data. We’re not only in a position to govern our data but we’re also now better equipped to provide accountability and transparency to the HSE.”

Based in Naas in Co Kildare, OpenSky has a rich heritage as an Irish digital transformation specialist providing AI powered IT solutions and consultancy services to both public sector and private organisations. OpenSky employs more than 110people, and this year the company celebrates its 20th anniversary, positioning them as one of Ireland’s most established IT services businesses.

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