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Cyber resilience: how should the EU framework evolve in the AI era?

Friday 18 September

Location :

ROOM 2

Speakers

Public Authoritiess
Steven Maijoor
Executive Board Member and Chair of Supervision - De Nederlandsche Bank (DNB)
Kerstin Pilt
Chair of the Management Board - Estonian Financial Supervision Authority (Finantsinspektsioon)
Sofia Toscano Rico
Deputy Director General, DG Horizontal Line Supervision - Single Supervisory Mechanism (SSM)
Industry Representativess
Malcom Barske
Partner at Deloitte Ireland, Cybersecurity and Resilience - Deloitte
Moira Cronin
Partner, Risk Insurance - PwC Ireland
Jessica Kaffrén
Member of the Management Board - J.P. Morgan SE
Dea Markova
Policy Director - Fireblocks

Session overview

This roundtable will assess the evolving cyber-risk landscape in the financial sector, progress made and lessons learned from the implementation of DORA, the additional regulatory and supervisory responses that may be needed to strengthen financial-sector resilience, and the role of AI, cyber insurance and other complementary market-led actions and tools.

Points of discussion

1. Cyber-risk trends and DORA implementation

How is the cyber-threat landscape evolving for the EU financial sector? Are DORA requirements delivering tangible resilience gains and is the CTPP oversight regime operating effectively? Which cyber and digital operational resilience vulnerabilities may persist at individual entity or systemic level despite the implementation of DORA?

2. Additional policy responses and role of AI

What are the main priorities for enhancing cyber-resilience following the first phase of DORA implementation? Are additional regulatory or supervisory responses needed to address evolving cyber-risks, critical digital dependencies or the systemic dimension of cyber-risks? How can AI tools be effectively leveraged to strengthen cyber-resilience, and what safeguards are needed? What role can cyber insurance play as a complementary risk mitigation and recovery tool?