Format Cyber的动态

Is your financial institution prepared for the Digital Operational Resilience Act (DORA)? The DORA, coming into effect January 2025, sets new standards for ICT risk management across the EU's financial sector. This is crucial in today's digital landscape, where cyber threats and operational disruptions can significantly impact financial stability. What does DORA mean for you?? ?? Financial institutions: Strengthen your ICT risk management framework. This includes identifying and mitigating risks, incident detection and response, and robust business continuity plans. ?? Third-party providers: DORA applies to critical ICT service providers as well. Ensure your services meet the new regulatory requirements. Benefits of DORA compliance: ?? Enhanced cybersecurity posture ?? Improved operational resilience ?? Reduced risk of disruptions ?? Increased customer confidence Are you ready? DORA presents an opportunity to build a more secure and resilient financial ecosystem. Proactive steps now will ensure a smooth transition and minimize disruption come 2025. Let's discuss how to prepare your institution for DORA compliance in the comments! #DORA #financialregulation #cybersecurity #operationalresilience #financialstability

Are You Ready for DORA Compliance Next Year? "No one wants to pay a hefty fine" As the deadline for the Digital Operational Resilience Act (DORA) approaches, it's crucial to understand the implications of non-compliance. Financial institutions that fail to meet DORA standards face not just operational risks, but also significant financial penalties. Fines: Non-compliance with DORA can result in hefty fines, potentially up to millions of euros. These penalties are designed to enforce stringent cybersecurity measures and ensure financial entities are resilient against ICT-related disruptions and threats. Key Areas of Focus: Continuous Monitoring: Ensure your ICT environment, including all mobile applications and extensions, is constantly monitored for vulnerabilities. Incident Reporting: Implement robust procedures for reporting and managing incidents. Risk Management: Maintain comprehensive risk management frameworks to protect against operational disruptions. Third-Party Management: Evaluate and manage the risks associated with third-party service providers. How MobSTR.IO Can Help: MobSTR.IO is here to support your compliance journey. Our platform offers: Real-Time Security Assessments: Continuous monitoring of your mobile apps and extensions to identify and mitigate vulnerabilities. Detailed Compliance Reports: Clear, actionable reports to help you meet DORA requirements. Seamless Integration: Easy integration with your existing systems, ensuring a smooth transition to compliance. Don’t wait until it’s too late. Ensure your organisation is DORA compliant to avoid hefty fines and safeguard your operational resilience. #DORACompliance #CyberSecurity #FinancialRegulations #ITManagement #MobileSecurity #OperationalResilience #Compliance

Navigating the Future of Financial Resilience with DORA Compliance! ?? The EU's Digital Operational Resilience Act (DORA) is set to strengthen cybersecurity across the financial services sector, ensuring that critical infrastructure is prepared for potential disruptions. From January 2025 on, organizations will be required to meet stringent standards for managing and securing their digital systems, with a specific focus on protecting against cyber threats, system failures, and data breaches. Key goals of DORA: ?? Harmonized security standards ?? Comprehensive risk management ?? Enhanced operational resilience But with these new regulations come new compliance requirements, and institutions must now prioritize identifying and mitigating third-party risks to safeguard their operational integrity. For procurement and supplier management professionals, DORA presents an opportunity to establish resilience-focused compliance, fostering improved risk management and greater trust in digital financial ecosystems. ?? At Onventis, our solutions empower organizations to manage supplier relationships securely, supporting a structured approach to compliance and operational resilience that aligns seamlessly with DORA standards. ?? To simplify your journey, we’ve gathered all the essential details on DORA! Discover more about the regulation and its potential impact on the procurement landscape: https://lnkd.in/ePkUshrm Ready to get ahead of DORA? Download our checklist to ensure your organization is prepared: https://lnkd.in/eajETNFH #DORACompliance #CyberResilience #DigitalProcurement #Onventis #FinancialServices #SupplierManagement

?? Cybersecurity Spotlight! ?? ?? Strengthening Financial Security: The Digital Operational Resilience Act (DORA)??? An EU framework, DORA, aims to manage and reduce financial sector ICT risk by focusing on five key topics: ?? Sophisticated ICT Risk Management: Implementing robust frameworks to manage and mitigate ICT-related risks. ?? Timely Incident Reporting: Ensuring quick and transparent reporting of significant ICT incidents for effective response. ?? Rigorous Resilience Testing: Conducting regular and thorough tests, including vulnerability assessments and penetration tests, to strengthen defences. ?? Strict Third-Party Oversight: Enforcing stringent oversight and continuous monitoring of third-party ICT service providers to manage external risks. ?? Effective Information Sharing: Promoting the exchange of threat intelligence and best practices to enhance collective cybersecurity. ?? Enforcement of DORA Once January 2025 arrives, "competent authorities." will enforce DORA.???? Competent Authorities?can: ??Inquire about specific security measures: Require financial institutions to implement security protocols and address vulnerabilities. ??Penalties: Apply administrative and criminal penalties to non-compliant entities. Member state penalties vary. Critical ICT providers identified by the European Commission will be directly supervised by ESA lead overseers ?? Lead Overseers can: ?? Request Security Measures and Remediation ?? Impose Fines ?? Why DORA Matters Upgrade Cyber Defences: Stay ahead of threats by improving your organisation's cybersecurity?? Ensure business continuity: Maintain operational resilience and recover quickly from disruptions?? Comply with regulations: To avoid penalties and build trust?? ??? Prepare for DORA Implementation: Full compliance is expected by the end of 2024. Start your preparations now to secure your future! #CyberSecurity #DORA #FinancialServices #DigitalResilience #ICTRiskManagement #Compliance #FutureOfFintech

Ready for DORA? A Quick Guide for UK Businesses Security and compliance are not the same thing. Good security protects your business continuously, while compliance means meeting specific standards at a point in time. But good security makes compliance easy. Start there and you will achieve compliance more easily. The EU's Digital Operational Resilience Act (DORA) aims to boost cybersecurity and resilience for financial entities. And if you already meet a top security framework, like ISO 27001, compliance should be easy. If your UK business operates in the EU market or uses EU-based IT infrastructure, you must comply with DORA. Here’s what in-scope businesses need to know: ?Set Up an IT Risk Management Framework:?Create policies, procedures, and tools to manage IT risk. Align this with your business goals and update regularly. ?Report Major IT Incidents:?Report any incidents affecting your IT systems to the authorities in a standardised format and within specified timeframes. ?Test Your IT Systems Regularly:?Run vulnerability scans, penetration tests, and scenario-based tests to find and fix weaknesses. ?Manage Third-Party Risks:?Check and monitor third-party IT service providers. Ensure contracts cover access, inspection, and data protection. Stay secure, end up compliant. #cybersecurity #compliance #DORA

The European Systemic Risk Board (ESRB) conducted an assessment of the implementation of its Recommendation ESRB/2021/17 on a pan-European systemic cyber incident coordination framework (EU-SCICF).?The evaluation focused on establishing the EU-SCICF,?designating contact points, and implementing effective coordination measures. Key Findings: Sub-Recommendation A(1):?Full compliance was observed,?with the European Supervisory Authorities (ESAs) and other relevant authorities progressing in preparing to gradually develop an effective EU-level coordinated response to major cyber incidents.?However,?further clarification is needed on the involvement of all addressees and ensuring the EU-SCICF's operational readiness from January 2025. Recommendation B:?A high level of compliance was found,?with most addressees designating a main point of contact for the EU-SCICF.?However,?details of the common approach to sharing and updating the list of contact points need to be finalised. Recommendation C:?No formal assessment was conducted, as the report was for informational purposes only.?The Commission welcomed the preparatory work done by the ESAs and acknowledged their interim report on the potential key elements of the framework. Firm Implications: Financial institutions should be aware of the EU-SCICF's ongoing development and ensure they are prepared to participate in coordinated responses to major cyber incidents. Firms should designate a main point of contact for the EU-SCICF and ensure this information is communicated to the relevant authorities. Firms should actively engage with the ESAs and other relevant authorities to contribute to developing the EU-SCICF and ensure its effectiveness in mitigating systemic cyber risks. Firms should review their cyber incident response plans and procedures to ensure alignment with the EU-SCICF?when finalised. Firms should invest in cybersecurity measures and incident response capabilities to mitigate the risk of cyber threats and contribute to the financial system's overall resilience. The assessment demonstrates significant progress in establishing a pan-European framework for coordinating responses to systemic cyber incidents.?However,?further efforts are needed to finalise details and ensure the framework's operational readiness. #esrb #cyberrisk

?? Attention CPAs: Why You Need a Written Information Security Plan (WISP) Now More Than Ever! ?? As trusted advisors and protectors of sensitive financial data, CPAs play a crucial role in safeguarding client information. But did you know that having a comprehensive Written Information Security Plan (WISP) is not just good practice—it's essential for protecting your business and your clients? ?? The Reality Check: 43% of cyberattacks target small businesses, many of which include CPA firms. 60% of small businesses that experience a cyberattack go out of business within six months. Shockingly, 58% of small businesses have no contingency plan for responding to data breaches. ?? Why a WISP is Crucial for CPAs: Regulatory Compliance: Many states have specific regulations requiring businesses to implement WISPs to protect consumer data. Client Trust: Demonstrating robust security measures can enhance client trust and confidence in your services. Risk Management: A WISP helps identify potential threats and vulnerabilities, allowing you to implement measures to mitigate risks effectively. Business Continuity: With a solid WISP, you're better prepared to respond swiftly and effectively to any data breaches, minimizing downtime and financial loss. ?? What Should a WISP Include? Data Inventory: Identify and document where sensitive information is stored. Risk Assessment: Evaluate potential risks and vulnerabilities. Policies and Procedures: Outline measures for data protection, including encryption, access controls, and regular audits. Incident Response Plan: Prepare a detailed plan for responding to data breaches, including communication strategies and recovery steps. ?? Don't Wait Until It's Too Late! Protecting your clients' data is protecting your reputation. Ensure your firm has a robust WISP in place and stay ahead of the curve in cybersecurity. ?? Need Help Creating Your WISP? Contact us today for expert guidance on developing and implementing a comprehensive Written Information Security Plan tailored to your firm’s needs. #CPAs #Cybersecurity #WISP #DataProtection #SmallBusiness #ClientTrust #RiskManagement

Although the Digital Operational Resilience Act (DORA) is an EU legislation, it's likely that the Act will impact thousands of UK organisations. In a new blog, we take a closer look at 4 things UK entities need to know about DORA before the January deadline for compliance. Here, Wayne Scott provides insights into how DORA aligns and differs from other regulations and standards, and how it might inform what UK organisations do next. Read the blog here: https://lnkd.in/eHmdeJAk #DORA #DigitalOperationalResilienceAct #CyberSecurity #OperationalResilience #CyberRegulation

?? TODAY IS THE DEADLINE: DORA Compliance Required! ?? Today marks the official deadline for compliance with the Digital Operational Resilience Act (DORA) — Friday, 17th January 2025! All financial services firms, including insurers, banks, crypto-asset service providers, and their IT suppliers, must have adopted robust cyber resilience and risk management practices by today. The new EU regulation aims to protect the industry from increasing cyber threats, ensuring safer operations and more resilient business continuity. ?? Remember: Non-compliance can result in hefty fines up to 2% of annual turnover. DORA covers critical areas such as: ??IT risk management ??Third-party risk ??Incident reporting If you haven’t yet completed your compliance journey, it’s essential to review and address any last-minute gaps. Here at CSA Cyber we are ready to assist with gap analysis, documentation, and ongoing support to ensure you remain compliant. It’s not too late to act - reach out for expert guidance today through the link in the comments. #DORA #CyberResilience #FinancialCompliance #CyberSecurity #EURegulations #DeadlineDay #FinancialSector

Elevating Australian Cybersecurity Standards: APRA CPS 234 For Australian financial institutions, safeguarding sensitive customer data is paramount. Enter APRA CPS 234 – a game-changing regulation introduced by the Australian Prudential Regulation Authority (APRA) to enhance cybersecurity resilience within the financial sector. Here's what you need to know: ? Mandatory Compliance: APRA CPS 234 mandates that all APRA-regulated entities implement robust cybersecurity measures to protect against cyber threats and ensure customer information's confidentiality, integrity, and availability. ?? Risk Management Focus: The regulation places a strong emphasis on risk management, requiring institutions to identify, assess, and mitigate cybersecurity risks effectively. This proactive approach helps prevent potential breaches and minimizes the impact of cyber incidents. ?? Data Governance: APRA CPS 234 requires institutions to establish clear policies and procedures for data governance, including classifying data assets and implementing appropriate controls to protect them. ?? Board Accountability: Boards of directors are held accountable for cybersecurity oversight, with the regulation requiring regular reporting on cybersecurity matters and board-level involvement in decision-making processes related to cybersecurity. ?? Customer Trust and Confidence: Compliance with APRA CPS 234 not only enhances cybersecurity resilience but also fosters trust and confidence among customers, investors, and stakeholders, demonstrating a commitment to protecting their interests. ?? Operational Resilience: By adhering to the requirements of APRA CPS 234, financial institutions can enhance their operational resilience, ensuring continuity of services even in the face of cyber threats and disruptions. In conclusion, APRA CPS 234 represents a significant step forward in elevating cybersecurity standards within the Australian financial sector. By embracing its principles and requirements, institutions can strengthen cyber defences, protect customer data, and uphold trust in the financial system. #CyberSecurity #APRA #CPS234 #FinancialInstitutions #InfoSec #RiskManagement #CyberResilience #DataProtection