The CRA Introduces Mandatory Cybersecurity RequirementsThe European CRA creates mandatory cybersecurity requirements for hardware and software with digital elements. The Act’s reach is broad,...
DORA focuses on Information and Communications Technology (ICT) systems and applies to all financial institutions in the EU. This includes traditional entities such as banks, insurance companies,...
The deadline for the implementation of this requirement is 1 January 2021. By then, the banks must have implemented it into their internal process and IT systems. The new definition should be used in the stress test, and an impact assessment of the new definition when compared to previously ...
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