NIS2 Compliance for Payment Infrastructure
NIS2 demands stronger cybersecurity and supply chain controls from payment providers. PCI Proxy reduces your attack surface, secures your card data supply chain, and supports the incident reporting timelines the directive requires.
What is NIS2?
NIS2 (EU Directive 2022/2555) replaced the original NIS Directive and significantly expanded the scope of EU cybersecurity obligations. In effect since October 2024, it covers a broad set of sectors including financial market infrastructure and digital infrastructure providers, and tightens both technical requirements and enforcement.
Supply Chain Security
NIS2 explicitly requires entities to address cybersecurity risks in their supply chains and third-party relationships. Every critical vendor must be assessed and contractually bound to security standards.
Incident Reporting
Significant incidents must be reported to the national CSIRT within 24 hours of detection, with a full incident report within 72 hours, and a final report within one month.
Risk Management Measures
Entities must implement policies on risk analysis, business continuity, cryptography, access control, and multi-factor authentication across their entire network and information systems.
NIS2 Compliance Questions Answered
01 What is NIS2 and who does it cover?
NIS2 is the updated European cybersecurity directive, in effect since October 2024. It covers essential and important entities, including financial market infrastructure, PSPs, and digital infrastructure providers and their supply chains.
02 How does NIS2 apply to payment service providers?
PSPs in scope must implement risk management measures covering supply chain security, network security, access control, cryptography, and incident handling. Significant incidents must be reported to the national CSIRT within 24 hours.
03 How does PCI Proxy help with NIS2 supply chain security?
By centralizing card data in PCI Proxy's PCI DSS Level 1 vault, you reduce the number of parties handling raw data, simplifying your supply chain assessment under NIS2.
04 Do NIS2 and DORA overlap for payment providers?
Yes. DORA takes precedence over NIS2 for financial entities covered by DORA. Many PSPs serve both financial and non-financial customers though, keeping NIS2 independently relevant. PCI Proxy controls satisfy requirements under both frameworks.
05 What are the penalties for NIS2 non-compliance?
For essential entities, fines can reach 10 million euros or 2% of global annual turnover, whichever is higher. For important entities the cap is 7 million or 1.4%. Management bodies can be held personally liable for persistent non-compliance.
Reduce Your NIS2 Risk Surface, Starting With Card Data
Talk to our team about how PCI Proxy simplifies your supply chain security assessment and NIS2 incident reporting obligations.