Skip to content

Evolution of cyber law: how the NIS2 Directive shapes Europe’s security landscape

Ever wondered why even tech giants like Google approach European internet laws with caution? The answer is the Network and Information Systems (NIS2) Directive, a beacon in the world of internet safety.

The old rules, laid down in 2016 by the NIS Directive, fell short of safeguarding against cyber threats. While they addressed sectors like healthcare and energy, many industries remained uncovered. But now, the tables are turning. The new NIS2 Directive creates a unified EU front against cyber risks, rewriting the rules for this new digital age.

In this piece, we’ll explore how the NIS2 Directive reshapes the cyber security landscape in Europe and what it means for businesses and governments. Learn how to navigate this evolving terrain and stay compliant without incurring penalties.

The need for evolving cyber law in Europe

It’s no secret that online threats have transformed into something far more sinister than we could have imagined. The time has come for Europe to embrace new cybersecurity legislation that will effectively combat the complexities of these threats. This section will explain how online risks have evolved and why new laws are required.

The changing face of cyber threats

In the past, cyber threats were mainly the work of individual cybercriminals. They were like digital graffiti artists, tagging websites and perhaps swiping some data for their bragging rights.

Now, things are more severe. We face organized groups, and sometimes even governments, harnessing the power of cyber attacks. The objective? Stealing vast amounts of data or causing disruption of critical services.

These aren’t just one-off events anymore. Cyber threats have turned into ongoing campaigns targeting sectors like energy or healthcare. With the omnipresence of the internet in everything from our refrigerators to our cars, the risks have infiltrated every nook and cranny of our lives. The cybersecurity landscape has changed, and Europe needs to update its legislative arsenal to counter these digital dangers effectively.

Time for an upgrade: why the old NIS Directive isn’t enough

Back in 2016, the European Union took its first step in the battle for cybersecurity with the Network and Information Systems (NIS) Directive. It was a start, but it soon became evident it had limitations.

For one, it only covered specific sectors, like energy and healthcare. Many other industries that could be vulnerable to cyber-attacks were left out.

Moreover, the directive’s implementation was a patchwork quilt. Each EU country adopted its own interpretation of the rules. This inconsistency meant that while one nation might be doing a great job fortifying its cybersecurity defenses, its neighbor might lag behind.

In short, the old rules weren’t enough, and it was time to bridge the security gaps. This is where the NIS2 Directive stepped in to address them.

Far-reaching impact of the NIS2 on cybersecurity

NIS2: fixing the flaws of its predecessor

The new and improved NIS2 Directive is Europe’s upgraded plan to make the digital world safer. Unlike the old rules, NIS2 covers a lot more ground. Financial services, public administration, and digital platforms all come under its umbrella.

That means more types of companies have to follow the rules and take measures to safeguard their digital assets. But it’s not just about adding more sectors. NIS2 also brings greater unity among EU countries regarding cybersecurity.

Instead of each country making its own rules, NIS2 established baseline requirements that apply everywhere. This way, the EU can act like one big team in defending against cyber threats, making everyone’s digital life safer.

The NIS2 toolkit: key features for cyber safety

So what’s new in NIS2? First, companies must put in specific security measures that match the cyber risks they face. It’s not a one-size-fits-all solution, but it’s more about adapting to the situation at hand.

Training and awareness

While NIS1 has a nod to raining and awareness-raising, NIS2 takes up a notch, possibly requiring more structured training programs. Organizations must show evidence of ongoing training and be subject to audits to ensure that employees are well-prepared.

Streamlining incident reporting

While NIS1 encouraged incident reporting, the requirements weren’t very specific. Organizations were generally advised to have some form of incident reporting but were given more latitude in implementing it.

But NIS2 steps up its game in incident reporting. It aims to standardize procedures with specific timelines, formats, and more detailed reporting requirements. The goal is to make incident reporting more efficient, ensuring quicker response and better mitigation.

Improving overall security posture

Previously, organizations were encouraged to improve their cybersecurity measures continuously, but the directive wasn’t very prescriptive about how this should be done.

NIS2 pushes organizations to enhance their security posture continuously. This could mean more frequent audits, detailed reporting, and specific milestones to demonstrate progress.

Funding of cybersecurity

While NIS1 hinted at the importance of adequate funding for effective cybersecurity, NIS2 goes further, emphasizing the need for ample financial resources for cybersecurity. Organizations may be required to allocate a specific percentage of their budget to cybersecurity or meet minimum spending requirements.

Plus, NIS2 has stiffer penalties for companies that fall short of compliance. This gives companies a solid reason to take cybersecurity seriously.

Now that we’ve uncovered what NIS2 brings to the table, let’s explore how it impacts businesses and government offices in the next section.

The NIS2 impact: what businesses need to know

The legal framework

The NIS2 Directive isn’t just another set of guidelines, it’s the law. Medium-sized and large enterprises should understand that compliance isn’t an option but a legal requirement. And it’s not just about avoiding penalties. It’s about fortifying your business infrastructure to protect valuable assets and customer data.

Cost of compliance vs. cost of non-compliance

Yes, implementing the NIS2 Directive requires an investment in time, personnel, and resources. But think about it this way: the cost of non-compliance, including legal repercussions and potential loss of consumer trust, can be much more damaging to your bottom line and reputation.

The Directive is designed to create a safer digital environment that can serve as a unique selling proposition for customers who value data privacy.

Long-term gains: beyond just avoiding penalties

NIS2 compliance is an investment in the future. While the initial setup may demand resources, robust cybersecurity measures can significantly reduce the risk of data breaches and cyber-attacks, both financially devastating and detrimental to a company’s reputation.

Maintaining a secure digital ecosystem can become your competitive edge in a world where data leaks or breaches make headlines.

Cybersecurity is a public concern: the NIS2 Directive mandates it

For public administration entities, cyber security isn’t just about protecting sensitive data. It’s about safeguarding the lives and well-being of millions. A cyber-attack on a government body isn’t just a headline, it could lead to a national emergency.

Under the NIS2 Directive, these organizations must improve their cybersecurity to prevent such potential disasters.

Layers of government: everyone is affected

It’s not a one-size-fits-all solution. Public administrations, from central to regional and local levels, must go beyond mere software upgrades. The NIS2 rules demand a comprehensive review and transformation of how these entities manage data, deploy security protocols, and respond to incidents. No matter the size or scope of the government body, compliance with these new measures is essential.

Holistic approach to cybersecurity

Public administration entities must adopt a holistic cybersecurity strategy that addresses risk assessment, preventive measures, and contingency planning. This comprehensive approach ensures that damage can be minimized in the event of an attack, and normal operations can swiftly resume.

Even if your company is not based in Europe, you can’t ignore Europe’s online safety rules if you’re doing business there. The rules are like a digital handshake, mandatory for anyone offering digital services or handling data in the EU.

Crossing borders: NIS2’s reach beyond Europe

So, what does it mean for global businesses? If your company has its headquarters halfway across the globe, you’re in the spotlight, too. You must follow these new rules when operating in Europe. But don’t worry, it’s a fantastic opportunity. Following these guidelines can signal to European customers that you take security seriously, boosting your appeal. But, word of caution: getting the details right is crucial because the penalties for messing up can be steep.

Global players: future implications and representative requirements

Under NIS2, you can’t simply wing it. If you’re a foreign company doing business in the EU, you need a representative in the EU. They’re your go-to for ensuring all these rules are followed. And it’s not just a formality, it’s a crucial role.

But here is the exciting part: the implications for the future are significant. Global standards like NIS2 might become the norm as the digital world grows. Companies that get it right in Europe now will be a step ahead of the game when similar laws start popping up in other parts of the world.

Now that we’ve covered the new rules and who they apply to, our next section will dive into best practices for organizations to ensure they stay on the right side of the new guidelines.

NordLayer: your NIS2 compliance partner

Navigating the complex world of NIS2 compliance is like solving a puzzle. And while NordLayer may not be the whole solution, it can help you tick off several boxes on your compliance checklist all at once.

NIS 2 legislation, in Article 5, calls for digital service providers to employ suitable technical and organizational measures to secure their networks and information systems. Virtual Private Networks (VPNs) can be particularly helpful in meeting the “appropriate and proportionate” security measures outlined in Article 5.

Specifically, NordLayer offers a secure tunnel between an employee’s device and the corporate network. This ensures that sensitive data, like customer information or intellectual property, is shielded from unauthorized access. This is a powerful step towards managing network and information system security risks, as NIS2 demands.

Article 16 of NIS 2 emphasizes secure data transmission as a core compliance aspect. And here is where VPNs play a crucial role. They encrypt data during transit between different locations or systems. This encryption aligns directly with the article’s requirements to protect against unauthorized access and data tampering. With NordLayer, you’re well on your way to meeting the “technical and organizational measures” stipulated in this article of NIS 2.

In conclusion

We’ve discussed the necessity for Europe to modernize its cybersecurity laws through the NIS2 Directive. This transformation impacts not just IT teams but entire businesses. As the EU unfolds these comprehensive new guidelines, the responsibility falls on organizations to adapt accordingly.

Don’t hesitate to reach out and explore how NordLayer can be a valuable addition to your cybersecurity arsenal, assisting you on your journey toward alignment with the EU’s evolving digital laws.

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About NordPass
NordPass is developed by Nord Security, a company leading the global market of cybersecurity products.

The web has become a chaotic space where safety and trust have been compromised by cybercrime and data protection issues. Therefore, our team has a global mission to shape a more trusted and peaceful online future for people everywhere.

How to manage passkeys on Apple devices

Apple’s entrance into the world of passkeys began with iOS 16, which marked the introduction of this technology within the ecosystem. By the time iOS 17 rolled out, Apple had seamlessly woven passkey support for Apple ID and started allowing third-party apps such as NordPass to manage passkeys on mobile devices.

Now Apple users no longer need to remember their Apple ID password and can access and use passkeys outside the ecosystem, on any device, at any time.

This progression isn’t just about technological milestones. It paints a picture of a future where our digital interactions are both more secure and more intuitive.

Today we’ll unpack the nuances of the passkey technology and explore and showcase how easy it is to enable, store, and manage passkeys on the NordPass iOS app.

How passkeys work

Before we get into the ins and outs of passkeys, let’s start with passwords. Passwords, while familiar, come with a set of challenges, issues, and potential risks. Weak or reused passwords have been behind more than 80% of security breaches in the past few years. Passkey technology, however, offers a much more secure and hand alternative to traditional passwords.

At the heart of this technology is a dual-key mechanism. When you opt for a service that supports passkey authentication, two cryptographic keys work in tandem: a public key, which is stored on the service’s server, and a private key, kept securely on your device. The beauty of this pairing is its dependency — one key is ineffective without the other.

The authentication process is multi-layered. During login, the server sends a request to your device, which responds with the corresponding passkey. Your identity is then verified at the device level, often through extra layers of authenticity such as biometrics like Face ID or Touch ID. Access is granted only when both keys match and biometric verification succeeds.

This approach offers enhanced security on multiple fronts. Passkeys are resilient to phishing and eliminates the issues of password reuse or forgetfulness. Yes, with passkeys you don’t need to remember or type out crazy strings of characters. The added layer of biometric verification ensures that even if your device is compromised, your data remains out of reach. Passkeys are here and they are taking over for good reason.

How to enable passkeys on iOS devices

With the introduction of iOS 17, Apple has made it even more convenient for users to embrace the security of passkeys. Integrating this feature into your daily routine is simple, especially with the help of NordPass. Keep in mind that support for passkey management on NordPass is available only for devices running iOS17 and iPad OS17 or later.

Here’s a step-by-step guide to enabling passkeys of your iOS device:

  1. Download and install NordPass on your iOS devices.

  2. Go to the “Settings” on your device.

  3. Scroll down and select “Passwords.”

  4. Authenticate your identity as prompted.

  5. Now, tap on “Password options.”

  6. Browse and select “NordPass.” A checkmark will appear, indicating it’s enabled.

  7. Finalize the process by unlocking the NordPass vault.

That’s it, you’ve enabled passkey-based authentication on your iOS device.

How to save and use passkeys with NordPass on iPhone

Harnessing the power of passkeys through NordPass on your iPhone is a step towards a more secure and smooth online experience. This feature simplifies the login process, ensuring both convenience and protection. Here’s how you can make the most of it.

Saving a passkey in NordPass:

  • Navigate through websites or apps as you typically do.

  • Be attentive to sites or apps offering passwordless login options.

  • When presented with an option to use a passkey or integrate one into an account, choose it.

  • A NordPass prompt will emerge, guiding you to save the passkey.

  • Follow the provided steps to ensure it’s securely stored.

Logging in with a stored passkey:

  • Access the website or app where you’ve saved the passkey.

  • Select the passwordless login feature.

  • NordPass will prompt you to use the stored passkey.

  • Adhere to the on-screen guidelines to authenticate and access your account seamlessly.

By joining the passkey revolution, you position yourself at the center of the seamless and secure online life. Try it today!

How to manage passkeys in NordPass

Navigating the online world can be a daunting experience. However, with the introduction of passkeys, the process has become not only more secure but also more user-friendly and instant. Let’s delve into how you can manage passkeys using NordPass.

What can you do with a passkey in NordPass?

  • View passkey creation date. NordPass allows you to see when a particular passkey was created. This feature provides an added layer of transparency, ensuring you always know the age of your digital keys.

  • Share passkeys safely. With NordPass, sharing passkeys is quick and intuitive. Whether it’s for business or personal use, you can securely share your passkeys with trusted individuals without compromising security.

  • Add secure notes. Alongside your passkeys, NordPass provides the option to add secure notes. This feature is especially useful for adding extra information or reminders related to a particular service or account.

Why choose NordPass for passkey management?

NordPass isn’t just another password manager. It’s a comprehensive digital life manager for those on the go. With the introduction of passkeys, NordPass further pushes the envelope of what a password manager can be.

All NordPass users can now store and manage passkeys, ensuring they can access apps and websites securely. NordPass also syncs your passkeys across all devices and operating systems. Unlike many other password managers, NordPass offers seamless sharing of passkeys, making it a top choice for those who prioritize both security and convenience.

Furthermore, NordPass is actively working towards a passwordless future. We support passkey storage but are also in the process of introducing passwordless access to the NordPass app. This means you will soon be able to access your Nord Account and NordPass with just a tap, thanks to biometrics.

In a rapidly evolving online world, it’s crucial to stay ahead of the curve. With NordPass, you are not only equipped with the latest in security technology but are also prepared for the inevitable shift towards a passwordless future.

 

Login experience
Now that you’re signed-up for an online service with a passkey, logging in is quick, easy and secure. All you need to do is tap the suggested passkey for that account and you are logged in.

How do passkeys work? 
Understanding passkeys and how this technology works can be somewhat tricky, mostly because passwords have been an integral part of our digital lives for so long. So first let’s recap the old and familiar before getting into passkeys. By the end we should understand the whole passkeys vs. passwords deal and why passkeys are the way of the future.

Password technology explained
Passwords — we know them all too well, and most of us have some idea of how they work. But let’s quickly recap.

Password-based authentication is relatively simple and straightforward. Say you create a password for a new online account. That password is then stored in an encrypted format on a server. When you use the password to access that account, the system compares the password you enter with the one in its database. If the two match — you’re good to go.

Simple, right? Well the catch is that this kind of user authentication presents quite a few serious security concerns. People tend to reuse simple and easy-to-crack passwords for multiple accounts, which is a hacker’s dream — crack a single account and you have access to a person’s entire digital life. Databases that store passwords can be breached. In fact, Verizon’s Data Breach Report notes that up to 80% of successful breaches are attributed to weak or stolen passwords.

Passkey technology explained
You can think of passkeys as a new and improved type of password. Both are used to verify a user’s identity upon sign up and login. However, the technology behind passkeys operates in a different way.

Whenever you sign up for an online service which supports passkey authentication, two keys are generated — public and private, both of which are used to authenticate the user when logging in.

The public key is stored in the website’s server, while the private key is stored on your device, whether it’s a phone, tablet, desktop, or laptop. Without each other the two keys are useless.

Upon logging in, the server sends a request to your device, and that request is then answered by a related passkey. The user’s identity is also verified on the device level via biometrics. Finally if the pair of keys match you’re granted access to your account.

Passkeys are widely considered to be a more secure and convenient form of authentication compared to passwords, as they reduce the risk of forgetting or reusing passwords. Passkeys are also resistant to phishing attacks as they can’t be stolen from your device by a third-party.

Store passkeys with NordPass 
All NordPass users now have the ability to store and manage passkeys in NordPass and use them to access apps and websites. NordPass syncs your passkeys across all of your devices as well as operating systems and enables you to safely share passkeys whenever needed. It is important to note that sharing passkeys is not as easy with alternative systems as it is with NordPass.

We’re excited to let you know that with the release of iOS 17, passkey storage is now available on NordPass app for iOS devices. This is a monumental step for us, ensuring that you, our users, enjoy a seamless experience across all platforms and devices.

In addition to mobile access, you can also reach your passkeys on NordPass via the desktop app, web vault, Firefox, and Chrome-based browser extensions. We’re also thrilled to share that support for the Safari extension is on the priority list and will be launched later this year.

Password managers are highly reliant on platform vendors when it comes to passkey technology. Therefore, we welcome the latest move from Apple because it serves as a huge milestone in replacing passwords with more advanced online authentication solutions. With tech giants allowing third-party integrations, internet users will get more user-friendly services and, as a result, will be more keen to stick to using passkeys

– Sorin Manole,

Product Strategist @ NordPass

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About NordPass
NordPass is developed by Nord Security, a company leading the global market of cybersecurity products.

The web has become a chaotic space where safety and trust have been compromised by cybercrime and data protection issues. Therefore, our team has a global mission to shape a more trusted and peaceful online future for people everywhere.

What is a passkey and how to store it in NordPass?

As the digital world continues to expand and evolve, the need for secure authentication has become more critical than ever. Enter passkeys – a modern solution for secure authentication that provides a safer and more convenient way to access apps and websites.

Today we will delve into the world of passkeys, explaining what they are, how they work, and why they’re the future of online security.

Passkeys explained
Essentially, passkeys are a new, more secure and convenient way to sign up for and access apps and websites. Cybersecurity experts tout passkeys as an authentication technology set to replace passwords.

Tech giants such as Apple, Microsoft, and Google are working on passkeys and aiming to make their platforms and accounts password-free. The decision is also expected to be taken up by other members of the FIDO Alliance, which is the driver behind passkey technology, and other companies around the globe.

When passkeys become the dominant authentication method, you will be able to sign up and access online services the same way you unlock your phone — via biometrics. No longer will you need to create, remember, and type out passwords.

Sounds awesome? Well, because passkeys are seriously awesome. Let’s have a peek at how to use passkeys in the real world.

Sign-up experience
Say you need to sign-up for a new online service that supports passkeys. All you need to do is add your email or username and confirm the prompt to create a passkey. Here’s how the sign-up process works with passkeys:

Login experience
Now that you’re signed-up for an online service with a passkey, logging in is quick, easy and secure. All you need to do is tap the suggested passkey for that account and you are logged in.

How do passkeys work? 
Understanding passkeys and how this technology works can be somewhat tricky, mostly because passwords have been an integral part of our digital lives for so long. So first let’s recap the old and familiar before getting into passkeys. By the end we should understand the whole passkeys vs. passwords deal and why passkeys are the way of the future.

Password technology explained
Passwords — we know them all too well, and most of us have some idea of how they work. But let’s quickly recap.

Password-based authentication is relatively simple and straightforward. Say you create a password for a new online account. That password is then stored in an encrypted format on a server. When you use the password to access that account, the system compares the password you enter with the one in its database. If the two match — you’re good to go.

Simple, right? Well the catch is that this kind of user authentication presents quite a few serious security concerns. People tend to reuse simple and easy-to-crack passwords for multiple accounts, which is a hacker’s dream — crack a single account and you have access to a person’s entire digital life. Databases that store passwords can be breached. In fact, Verizon’s Data Breach Report notes that up to 80% of successful breaches are attributed to weak or stolen passwords.

Passkey technology explained
You can think of passkeys as a new and improved type of password. Both are used to verify a user’s identity upon sign up and login. However, the technology behind passkeys operates in a different way.

Whenever you sign up for an online service which supports passkey authentication, two keys are generated — public and private, both of which are used to authenticate the user when logging in.

The public key is stored in the website’s server, while the private key is stored on your device, whether it’s a phone, tablet, desktop, or laptop. Without each other the two keys are useless.

Upon logging in, the server sends a request to your device, and that request is then answered by a related passkey. The user’s identity is also verified on the device level via biometrics. Finally if the pair of keys match you’re granted access to your account.

Passkeys are widely considered to be a more secure and convenient form of authentication compared to passwords, as they reduce the risk of forgetting or reusing passwords. Passkeys are also resistant to phishing attacks as they can’t be stolen from your device by a third-party.

Store passkeys with NordPass 
All NordPass users now have the ability to store and manage passkeys in NordPass and use them to access apps and websites. NordPass syncs your passkeys across all of your devices as well as operating systems and enables you to safely share passkeys whenever needed. It is important to note that sharing passkeys is not as easy with alternative systems as it is with NordPass.

We’re excited to let you know that with the release of iOS 17, passkey storage is now available on NordPass app for iOS devices. This is a monumental step for us, ensuring that you, our users, enjoy a seamless experience across all platforms and devices.

In addition to mobile access, you can also reach your passkeys on NordPass via the desktop app, web vault, Firefox, and Chrome-based browser extensions. We’re also thrilled to share that support for the Safari extension is on the priority list and will be launched later this year.

Password managers are highly reliant on platform vendors when it comes to passkey technology. Therefore, we welcome the latest move from Apple because it serves as a huge milestone in replacing passwords with more advanced online authentication solutions. With tech giants allowing third-party integrations, internet users will get more user-friendly services and, as a result, will be more keen to stick to using passkeys

– Sorin Manole,

Product Strategist @ NordPass

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About NordPass
NordPass is developed by Nord Security, a company leading the global market of cybersecurity products.

The web has become a chaotic space where safety and trust have been compromised by cybercrime and data protection issues. Therefore, our team has a global mission to shape a more trusted and peaceful online future for people everywhere.

It’s time to talk about cloud security

Reading about the cloud in 2023 has an almost nostalgic feeling to it, a bit like watching that HBO special for the 20th anniversary of the Harry Potter series. You suddenly realize how long it’s been since the whole conversation about cloud computing started.

The cloud has become such a common IT tool that today it is difficult to find an industry (or even a company) that does not use it to some extent. The chances are very high that you yourself are using it frequently.

So, we will not waste your time with generic information explaining the benefits and challenges of the cloud. Instead, we’ll get down to the nitty-gritty and discuss what’s really important — cloud data security.

First things first: What is cloud security?

Cloud data security could be explained as what organizations do to protect their cloud-based systems and applications — and the data they store in the cloud — against cyber threats.

You could also say that it is a set of strategies, procedures, and tools that, when properly applied, can help companies prevent unwanted data exposure or IT infrastructure damage caused by various internal or external factors.

Both explanations are correct. In fact, they complement each other and together provide more context — although they don’t give the whole picture.

Treating it more like a concept, we could say that cloud security is a complex and constantly evolving field in IT that requires attention from all organizations that have either fully or partially based their IT environment on the cloud. So, with that in mind, the question you may be asking yourself right now is…

Why is cloud security so important?

If we had to answer that in one sentence, it would probably be this: cloud security plays an essential role in ensuring the confidentiality, integrity, and availability of sensitive data stored in the cloud. But this only scratches the surface. So, allow us to elaborate a bit because there’s more to this matter than meets the eye.

Each year, more and more organizations start their digital transformation journeys and integrate cloud-based tools and services into their IT infrastructures. All of those companies — no matter if they are small businesses or large-scale enterprises — cannot afford to take any risks regarding the security of their digital assets.

This is why cloud security is one of the aspects that these companies must address if they decide to run even a tiny part of their activities in the cloud — or to keep their data inside one. If they don’t, they risk not only data loss or disruption of their business operations but also financial and reputational damage. They must be aware of the fact that keeping digital assets in the cloud doesn’t mean that they are unreachable to hackers.

This is to say that organizations should make every effort to ensure that their cloud cybersecurity is at the highest level at all times — after all, the success of their business endeavors depends on that.

Main risks associated with cloud security

Security issues in cloud computing often revolve around the potential for unauthorized access — but not only that. Below, you will find descriptions of some of the biggest threats that today’s companies must be aware of while developing their cloud security strategy. Whether a company will be able to address and manage these threats depends not only on the actions they take but also on its awareness of the emerging trends and disruptive forces shaping its industry.

  • Data breaches:

    Whenever an organization starts storing sensitive information in the cloud, it instantly becomes a target for cybercriminals — and they will try to find their way in. A successful breach could result in the exposure of the company’s confidential data including its financial records, customers’ personal information, or even intellectual property.

    In its “Cost of a data breach” report, IBM reveals that the global average cost of a data breach across all sectors in 2023 is almost $4.5 million — which is an amount that has increased by almost 15% over the last three years. This fact alone shows that companies cannot waste time, and they should introduce robust authentication mechanisms, encryption protocols, and access controls as soon as possible to protect themselves against this threat.

  • Insider threats and privilege abuse:

    It should be no surprise to anyone that employees with access to company data sometimes misuse their privileges or can be coerced into revealing sensitive information. This can lead to similar or even the same issues that arise due to data breaches.

    Hackers will use every vulnerability in security controls or protocols to gain unauthorized access to your systems and applications — and that is why companies must work on developing sound cybersecurity policies that, first, their employees will adhere to, and second, will help them mitigate the damage if one of their employees (whether intentionally or not) causes a potential cybersecurity threat.

  • Cloud service providers often operate on a global scale, helping customers from different parts of the world where different sets of data protection laws and regulations apply. It’s no rocket science to point out that complying with these diverse legal requirements can be a challenge for both cloud providers and their customers.

    Non-compliance with the standards may lead to serious financial or reputational losses. Thus, businesses must carefully navigate the regulatory landscape and choose cloud providers that meet the relevant criteria.

Best practices in cloud security

Before we discuss any cloud security best practices, we would like to point out that cloud security as a whole is a continuous process and, therefore, you should stay informed about the latest security trends and practices so that you can protect your cloud environment more effectively. In other words, do not think of the following examples as the only elements you should pay attention to when creating a cloud security strategy. Instead, treat them as a starting point.

  1. Encrypt your data: One of the foundational pillars of cloud security is encryption, which is the process of using combinations of sophisticated algorithms to make sure that no unauthorized party can access your data — whether at rest or in transit. Some cloud service providers offer built-in encryption features, which you can leverage to keep your data secure at all times. If they are not available to you from the get-go, consider using third-party encryption tools to protect your sensitive information.

  2. Implement and use identity and access management (IAM) tools: To manage user access and permissions effectively, you must implement a strong IAM strategy. For example, by following the principle of least privilege, you can ensure that only authorized users with specific roles can access your systems, applications, and data. In other words, you can use IAM tools to provide the right people with access to the right resources — and only them. This will help you protect sensitive information from being compromised.

  3. Carry out audits regularly and monitor all cloud activities: You can stay ahead of potential security risks if you conduct frequent security audits. That way, you will be able to identify cybersecurity areas that require improvement and take necessary measures to address them before any security breach occurs. If you pay close attention to what’s going on in your network, you’ll be able to detect and respond to any anomalies or potential threats before they cause damage.

  4. Find out what your provider does to ensure cloud security: When teaming up with a cloud service provider, you should take the time to understand their shared responsibility model and all the security features they offer. In other words, you should get familiar with your provider’s security practices and security to, first, double-check if their approach aligns with your organization’s specific security requirements, and second, to ensure that your sensitive data and applications are adequately protected in the cloud environment.

  5. Backup your data: You can enhance your organization’s cybersecurity by consistently backing up your business data in a highly secure location and rigorously testing the recovery process. If you take this proactive approach, you will be able to, in the unfortunate event of a security breach or data loss, quickly and seamlessly restore crucial data and applications. Not to mention that it will help you minimize downtime, safeguard your reputation, and ensure business continuity.

How does NordLocker fit into the context of cloud security?

To adequately answer this question, we need to start with a brief explanation of what NordLocker is, namely an end-to-end encrypted cloud storage platform that allows you to securely store, manage, and share your business data with company members and partners.

NordLocker was designed to help companies — no matter the size, location, and nature of their business — protect their digital assets in a highly secure, state-of-the-art cloud environment to which only they have access. Therefore, it is more than fair to say that NordLocker was created with cloud security in mind.

Thanks to its wide range of features — from end-to-end encryption, through multi-factor authentication (MFA), to zero-knowledge architecture (and everything in between) — NordLocker covers all the cybersecurity practices we discussed in this article to help its users create a much safer online business environment. It can help you do that as well.

That’s why we encourage you to go to NordLocker and learn more about the platform and get a 14-day free trial. That way, you will be able to see for yourself if NordLocker is the right fit for your business and if what we’re saying is true.

Enjoy the ride!

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About NordPass
NordPass is developed by Nord Security, a company leading the global market of cybersecurity products.

The web has become a chaotic space where safety and trust have been compromised by cybercrime and data protection issues. Therefore, our team has a global mission to shape a more trusted and peaceful online future for people everywhere.

How to change or reset your PayPal password

It goes without saying that you should protect all your online accounts with strong passwords. Data breaches, phishing attacks, and misplaced Post-it notes could all lead to stolen accounts. But when it comes to financial services, it’s particularly important to be careful.

How to change your PayPal password

PayPal is a quick and easy way to send and receive money. But since it is usually linked to your credit card, it’s important to change your password regularly and always use a strong one.

Please note that you can’t change the password through the PayPal app — you’ll have to log in through a browser.

Here’s how to change your PayPal password in four easy steps:

  1. Log into your PayPal account and click the little gear icon in the upper right corner.

  2. Click on “Security” in the top banner.

  3. Click “Update” in the “Password” field.

  4. Enter your current and new passwords and click “Change password.” All done!

How to reset your PayPal password

If you forgot your PayPal password, you can reset it through the browser and the PayPal app.

  1. Go to PayPal, click “Log in,” and select “Forgot password?”

  2. Enter the email address you used to create your account and click “Next.”

  3. Follow the instructions in the email you receive.

How to change your PayPal security questions

Please note that you can’t change the security questions through the PayPal app — you’ll have to log in through a browser.

Here’s how to change your security questions on PayPal:

  1. Log into your PayPal account and click the little gear icon in the upper right corner.

  2. Click on “Security” in the top banner.

  3. Click “Update” in the “Security questions” field.

  4. Select new security questions and write your answers. Click “Save” and you’re done!

How to set up a passkey for your PayPal account

Passkeys are a new and secure authentication standard introduced by the FIDO Alliance. Think of passkeys as a replacement for passwords that use your fingerprint, face, or a device PIN to sign in to apps and websites across the internet. Designed for supreme security and convenience, passkeys facilitate a seamless login process.

If you are interested in setting up a passkey for your PayPal account, here’s a quick rundown of how to do it:

  • Access your PayPal account using your existing username and passwords.

  • Once you access your account you will see an option “Create a passkey.”

  • Now you will need to authenticate via biometrics.

  • Once you’re authenticated, the passkey will be automatically created, and the next time you log in to your PayPal account, you will not need your username or passwords. The passkey will do the trick.

How to use PayPal safely

Using financial services online is convenient, but it can also be risky — there are many malicious actors lurking on the internet, trying to steal your money. Follow these simple tips to increase your security while making payments online:

Avoid making transactions when connected to public Wi-Fi. Hackers can set up fake hotspots and then monitor your actions online. Using a VPN will encrypt your connection, making it impossible for anyone to see the data you send and receive. You only need to be aware of snoopers looking over your shoulder as you type in your passwords!

Keep the PayPal app up to date. Apps can have vulnerabilities and bugs that are not discovered for months. But once they are brought to light, your account could be in danger. Set up automatic updates on your PayPal app to make sure you have the latest security patch installed.

Be cautious with links and attachments in emails. If you get an alarming email from PayPal claiming that your account is in danger and you must change your password immediately, don’t click any links. Open a new tab, enter the address manually, and check to see if your account is really in danger.

Enable two-factor authentication. Passwords are your first line of defense, but using 2FA will take your account security to another level. You can choose to receive a code via text or use an authenticator app or a security key for your PayPal account’s 2FA.

Set up passkeys. Passkeys are a new, passwordless authentication method that offer a more secure and convenient way to access websites and apps using only your fingerprint, face scan, or a device PIN. Because passkeys leverage public key cryptography, they are resistant to phishing attacks, making them even more secure than most multi-factor authentication methods.

Use a unique and strong password. When you change your password, pick one that is impossible to guess. That means using at least 12 characters that include upper- and lowercase letters, numbers, and special symbols. Need help? Try our password generator.

Keep your PayPal password safe with NordPass. Let’s be frank. All of us have way too many passwords on our hands. Remembering each one — well, that’s just an illusion. But with the NordPass password manager you can have all of your passwords securely stored in a single place, and you can autofill them with just a click. The same goes for passkeys — the NordPass Passkey Holder is designed as a secure storage for all of your passkeys. Tidy mess of online life with NordPass today.

Make using financial services online stress free with NordPass!

About Version 2 Digital

Version 2 Digital is one of the most dynamic IT companies in Asia. The company distributes a wide range of IT products across various areas including cyber security, cloud, data protection, end points, infrastructures, system monitoring, storage, networking, business productivity and communication products.

Through an extensive network of channels, point of sales, resellers, and partnership companies, Version 2 offers quality products and services which are highly acclaimed in the market. Its customers cover a wide spectrum which include Global 1000 enterprises, regional listed companies, different vertical industries, public utilities, Government, a vast number of successful SMEs, and consumers in various Asian cities.

About NordPass
NordPass is developed by Nord Security, a company leading the global market of cybersecurity products.

The web has become a chaotic space where safety and trust have been compromised by cybercrime and data protection issues. Therefore, our team has a global mission to shape a more trusted and peaceful online future for people everywhere.

×

Hello!

Click one of our contacts below to chat on WhatsApp

×