Summary

The EU needs to establish a robust digital operational resilience plan for the financial sector in anticipation of major cross-border cyber incidents, a framework supported by the Commission, European Parliament, and national authorities. This initiative is designed to guide the European Supervisory Authorities through comprehensive preparations for effective Union-level coordination. The proposed Regulation on digital operational resilience outlines a structured approach involving the European Central Bank, European Systemic Risk Board, and ESRB to collectively manage risks.

The Joint Committee, in consultation with key bodies, will analyze the required resources, develop crisis management exercises, and build a shared common vocabulary. These efforts aim to create reliable information sharing channels, secure points of contact, and coordinated communication lines. A critical phase involves establishing clear roles and responsibilities for framework participants while ensuring transparent public communication to maintain trust. Furthermore, the plan must include contingency tests, assessments for disinformation, and mechanisms to quickly activate and escalate threats if they arise.

Title

Systemic Cyber Incident Coordination Framework (EU-SCICF)

Description

Understand the key strategic framework to coordinate responses to large-scale, cross-border cyber incidents and crises that have the potential to cause systemic disruptions, from the European Systemic Risk Board (ESRB)

Keywords

european, incident, coordination, framework, risk, authorities, level, crisis, development, major, communication, response, sector, recommendation, will, resilience, information

NS Lookup

A 217.26.53.20

Dates

Created 2026-02-15

Updated 2026-02-15

Summarized 2026-03-22