NIS 2 applies to essential entities, which include: transport, banking & insurance, the finance market, healthcare, public administration, digital infrastructure, energy, drinking water, space and waste water. It also applies to important entities, encompassing: food production & distribution, digital services providers, chemicals, research, waste management, post & courier, and manufacturing firms.
Penalties for non-compliance are as follows:
- Essential entities: Up to €10 million or 2% of annual worldwide turnover in the preceding financial year, whichever is higher
- Important entities: Up to €7 million or 1.4% of annual worldwide turnover in the preceding financial year, whichever is higher