EU DORA RTS - ICT-related incident classification

Sets out the criteria and materiality thresholds for the classification of ICT-related, security payment-related and operational incidents at financial institutions. Ensures that the size and overall risk profile and the nature, scale and complexity of the financial entity is reflected in both threshold and criteria.

Rule Overview

Jurisdiction: European Union

Regulator: ESMA

Topic: Resilience

Overview
Notable
Latest News

Includes provisions for information sharing arrangements between competent authorities and EU level regulators.

Article 1
Clients, financial counterparts and transactions
Article 2
Reputational impact
Article 3
Duration and service downtime
Article 4
Geographical spread
Article 5
Data losses
Article 6
Criticality of services affected
Article 7
Economic impact
Article 8
Major incidents
Article 9
Major incident materiality threshold
Article 10
High materiality threshold for significant cyber threats
Article 11
Relevance of major incidents to competent authorities
Article 12
Details of major incidents to be shared with other competent authorities
Notable
DORA: Financial entities enter the twilight zone between financial services regulation and cybersecurity

DORA: Financial entities enter the twilight zone between financial services regulation and cybersecurity

Overview of the new regulation on digital operational resilience (DORA) for the financial sector in Sweden and other EU countries.

Taming the DORA dragon

Taming the DORA dragon

An interdisciplinary approach between firms and their service providers is crucial to successfully "tame" DORA says PJ Di Giammarino of JWG.

EU deploys DORA to strengthen cyber resilience of the financial sector

EU deploys DORA to strengthen cyber resilience of the financial sector

Two new sets of rules aim to bolster cybsersecurity.

Regulation

DORA: Financial entities enter the twilight zone between financial services regulation and cybersecurity

Technology

Taming the DORA dragon

Regulation

EU deploys DORA to strengthen cyber resilience of the financial sector

Latest News More on DORA