Abstract
The article argues that operational resilience against cyber-risks in finance is inextricably intertwined with the resilience of regulatory frameworks. The article pinpoints patterns in cybersecurity threats since the COVID-19 pandemic and describes progress towards international standard-setting. The European Union’s (EU’s) Digital Operational Resilience Act is considered as an example of a regime to mitigate cyber-risks. The article emphasises difficulties involved in establishing precise testing and reporting standards.
| Original language | English (Ireland) |
|---|---|
| Pages (from-to) | 233-241 |
| Journal | Journal of International Banking Law and Regulation |
| Volume | 38 |
| Issue number | 7 |
| Publication status | Published - 2023 |
Keywords
- Banking services; Banking supervision; Cyber attacks; Cyber risks; Cybersecurity; Data security; EU law; International standards