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Penalties for weak cybersecurity on eKathimerini.com

Penalties for weak cybersecurity on eKathimerini.com

As well as the imposition of sanctions, there will be administrative fines of as high as €10 million.

Greece is implementing a new European directive to combat hacker attacks, impacting around 3,000 entities in the public and private sectors.

Businesses with 50-250 employees and annual turnover up to €250 million, along with critical industries like energy and healthcare, will have to adhere to the directive’s provisions.

The Ministry of Digital Governance will soon introduce a bill to integrate the EU directive into national law, with the National Cyber Security Authority playing a key role.

The authority will identify security gaps and enforce fines up to €10 million or 2% of a business’s turnover for non-compliance.

In a bid to tackle cybersecurity threats, Greece is adopting measures outlined in a new EU directive. With businesses and critical industries under scrutiny, the National Cyber Security Authority will play a crucial role in enforcing compliance and imposing hefty fines on entities that fail to meet the cybersecurity standards set by the directive. Stay tuned for further developments as Greece gears up to enhance its cybersecurity landscape.



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