GDPR and NIS regulations about incident response

With the increase of cybercrime and related activities, several bodies have been formed to ensure that organizations remain compliant with legal minimums for ensuring security. IR management has been made a requirement in GDPR and Network and Information Systems regulations (NIS). GDPR and NIS implement these policies and standards globally. Therefore, an organization that fails to implement adequate IR strategies could be liable for penalties in the form of fines, or bans from activities involving data processing for the liable organization. As of 2019, GDPR penalties were up to 4% of an organization's annual turnover, or 20 million euros (whichever is higher), while NIS capped the fines at 17 million euros.

With these hefty fines in place, it is no longer an option to be lazy with IR management. GDPR and NIS have explicitly stated how organizations are expected to remain compliant with IR requirements, as detailed in the...