ESAs publish study on feasibility of further centralisation of major ICT-related incident reporting by financial entities

[vc_row][vc_column][vc_column_text]The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today a report on the feasibility of further centralisation in the reporting of major ICT-related incidents by financial entities according to Article 21 of the Digital Operational Resilience Act (DORA).

In line with the DORA mandate, the ESAs’ joint report explores the potential for further centralisation regarding financial entities’ reporting of major ICT-related incidents to competent authorities.

The report assesses the feasibility of three different models: the baseline model, a model with enhanced data sharing arrangements and a fully centralised model. It considers the potential burden and cost reductions, as well as the efficiency and effectiveness gains that each model would bring for cross-sector supervisory practices.

Next steps

The joint report has been submitted to the European Parliament, the European Council and the European Commission, which will consider its findings for potential future developments in relation to the further centralisation of major ICT-related incident reporting in the financial sector.[/vc_column_text][vc_empty_space height=”15px”][/vc_column][/vc_row][vc_row content_placement=”middle” content_text_aligment=”center” css=”.vc_custom_1746528175594{margin-top: 2% !important;background-color: #ff1949 !important;}”][vc_column width=”2/3″ css=”.vc_custom_1746528612909{margin-top: 2% !important;margin-left: 2% !important;}” offset=”vc_hidden-xs”][vc_empty_space height=”12px”][vc_column_text el_class=”lineheigth”]

Report on the feasibility for further centralisation of reporting of major ICT-related incidents

[/vc_column_text][vc_column_text el_class=”lineheigth custom-vertical-bottom”]

https://www.esma.europa.eu/press-news/esma-news/esas-publish-study-feasibility-further-centralisation-major-ict-related

[/vc_column_text][vc_empty_space height=”12px”][/vc_column][vc_column width=”1/3″ offset=”vc_hidden-xs”][vc_single_image image=”18290″ alignment=”center”][/vc_column][/vc_row][vc_row css=”.vc_custom_1745901981465{background-color: #ff1949 !important;}”][vc_column offset=”vc_hidden-lg vc_hidden-md vc_hidden-sm” css=”.vc_custom_1746541763013{margin-right: 8% !important;margin-left: 3% !important;}”][vc_column_text css=”.vc_custom_1746786203236{margin-top: 8% !important;margin-bottom: 5% !important;padding-right: 20px !important;}”]

Report on the feasibility for further centralisation of reporting of major ICT-related incidents

[/vc_column_text][/vc_column][/vc_row]