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European Financial Services Round Table

Wednesday, March 18, 2020
EFR Letter on the digital operational resilience framework for financial services in the EU

The EFR recommends to develop a coherent cyber resilience testing framework for the EU financial sector. The scope of the upcoming legislative initiative should be expanded to align incident reporting requirements of the NIS Directive and GDPR. EU action should be taken to improve sharing of cyber security intelligence and incident information among industry peers and public authorities.