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Olaf Classen, this week Bafin the German Banking Regulator published its Risk review for 2025.Number 4 on their list, behind real estate, international finance and corporate loan defaults is the risk arising from cyber incidents with serious consequences. Faisal Khan Bafin has made it clear that it takes its DORA responsibilities seriously, having established an ICT incident reporting hub; implementing a Systemic Cyber Incident Coordination Framework with the EBA, ESMA and EIOPA, and will conduct Cross Sector Crisis management and emergency exercises and simulated attacks in 2025.@Thaddeus Dziekanowski Brian D. McCarthyVeritas GRC BaFin#cybersecurity #cyberriskmanagement #cyberresilience #cyberregulation.
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