06/12/2026 | News release | Distributed by Public on 06/12/2026 11:32
Posted on June 12, 2026 by Editor
The three European Supervisory Authorities (EBA, EIOPA and ESMA - also known as the ESAs) have published their first annual overview of major information and communication technology (ICT) incidents in the EU financial sector, drawing on the harmonised reporting regime introduced by the Digital Operational Resilience Act (DORA).
Financial entities reported 3,383 major incidents, around a third of which had cross-border impact, underscoring how interconnected the sector has become through shared infrastructure and services. Direct impact on clients and transactions was generally limited, with system failures and external events the main drivers; only 10% of incidents were cybersecurity-related, although the ESAs warn that the rise of highly capable AI-driven tools means entities must keep strengthening their cyber defences.
For us, the report demonstrates that only a consistent, harmonised incident-reporting mechanism of this sort makes cross-sectoral analysis and responses of this sort possible.
Read more here.