Happy New Year 2024!⠀ ⠀ ⠀ ⠀ ⠀ ⠀
Enobyte wishes you and your family a happy new year of the Dragon 2024!
An exciting year filled with interesting court rulings and developments in the field of data protection lies behind us.
The Court of Justice of the European Union ruled on, for instance, the right of access as well as the potential non-applicability of Germany's employee data protection law.
There has also been a major development in the adoption of the EU-US Data Privacy Framework, allowing data to flow easily between the EU and the USA once again.
Headlines were also made at the end of the year when the European Parliament and the member states reached an agreement on the principles of the forthcoming AI Act. High risk AI systems will be subject to stricter regulation, though there is no set timeline for the Act being completed and coming into force.
Looking into 2024, landmark EU regulations will come to fruition after years of negotiating.
Early this year, we expect to see the formal adoption of the Cyber Resilience Act (CRA), which has been in the works since September 2022. After the CRA enters into force, companies will have 36 months to comply with all requirements. However, manufacturers will have to be able to fulfill the reporting obligation regarding actively exploited vulnerabilities and incidents within 21 months.
The CRA will complement the NIS2 directive, which has to be transposed into national law by October 17th, 2024. The NIS2 directive aims to improve the level of cyber resilience and preparedness across the European Union. Companies should familiarise themselves with the requirements of the directive ahead of the adoption to be prepared for the legal requirements on the horizon.
Enobyte will gladly support you with these new challenges in the new year.
We would like to thank all our customers and business partners for their ongoing cooperation and their engagement during the past year.
Stay healthy during the cold season, and don't hesitate to contact us for everything data protection and cybersecurity.
