Quadprime

NEWS & INSIGHTS

Quadprime is excited to sponsor the Digital Operational Resilience Act (DORA) Conference, taking place on Wednesday, 13 November 2024, at the Hilton Hotel in Nicosia.

Microenterprises are required to implement all DORA requirements similar to larger enterprises. However, DORA allows for a simplified ICT risk management framework, where the detailed requirements of Articles 5 to 15 do not apply. Our consultancy package supports microenterprises in meeting these requirements with a simplified approach.

NIS2 Directive: What you need to know

The Digital Security Authority has released a comprehensive guide on the upcoming NIS2 Directive, effective from October 18, 2024. This EU-wide legislation aims to strengthen cybersecurity measures across all member states.

Quadprime - Microsoft Outage - Operational Resilience

Microsoft Outage: A Wake-Up Call for Digital Operational Resilience Preparedness​

In an unprecedented event, a mass IT outage has affected major banks, media outlets, and airlines worldwide. The disruption, which began earlier today, has caused significant operational challenges, particularly in Australia, where flights were grounded, supermarket checkouts failed, and broadcast networks struggled to stay on air. The cause of the outage remains unclear, although initial reports suggest a link to Microsoft PC operating systems.

Understanding the New EU Criteria for Classifying Cyber Threats under DORA

On 13 March 2024, the European Commission adopted the new Regulatory Technical Standards (RTS), which supplement the DORA Regulation (EU) 2022/2554 and specify the criteria for the classification of ICT-related incidents and cyber threats, setting out materiality thresholds and identifying the details of major incidents reports.

In today's digital age, the reliance onThe Digital Operational Resilience Act (DORA) marks a significant step forward in safeguarding the financial sector against cyber threats.

Microenterprises are required to implement all DORA requirements similar to larger enterprises. However, DORA allows for a simplified ICT risk management framework, where the detailed requirements of Articles 5 to 15 do not apply. Our consultancy package supports microenterprises in meeting these requirements with a simplified approach.

NIS2 Directive: What you need to know

The Digital Security Authority has released a comprehensive guide on the upcoming NIS2 Directive, effective from October 18, 2024. This EU-wide legislation aims to strengthen cybersecurity measures across all member states.

Quadprime - Microsoft Outage - Operational Resilience

Microsoft Outage: A Wake-Up Call for Digital Operational Resilience Preparedness​

In an unprecedented event, a mass IT outage has affected major banks, media outlets, and airlines worldwide. The disruption, which began earlier today, has caused significant operational challenges, particularly in Australia, where flights were grounded, supermarket checkouts failed, and broadcast networks struggled to stay on air. The cause of the outage remains unclear, although initial reports suggest a link to Microsoft PC operating systems.

Understanding the New EU Criteria for Classifying Cyber Threats under DORA

On 13 March 2024, the European Commission adopted the new Regulatory Technical Standards (RTS), which supplement the DORA Regulation (EU) 2022/2554 and specify the criteria for the classification of ICT-related incidents and cyber threats, setting out materiality thresholds and identifying the details of major incidents reports.

In today's digital age, the reliance on technology has significantly increased the risks associated with cyberattacks and data breaches. To mitigate these risks and demonstrate a strong commitment to data protection, organisations are turning to recognised information security certifications. By achieving these certifications, businesses not only enhance their reputation but also reduce risk, improve operational efficiency, ensure regulatory compliance, and gain a competitive edge. This article delves into two of the most recognised information security standards—ISO 27001 and SOC 2—exploring their core benefits.

Microenterprises are required to implement all DORA requirements similar to larger enterprises. However, DORA allows for a simplified ICT risk management framework, where the detailed requirements of Articles 5 to 15 do not apply. Our consultancy package supports microenterprises in meeting these requirements with a simplified approach.

NIS2 Directive: What you need to know

The Digital Security Authority has released a comprehensive guide on the upcoming NIS2 Directive, effective from October 18, 2024. This EU-wide legislation aims to strengthen cybersecurity measures across all member states.

Quadprime - Microsoft Outage - Operational Resilience

Microsoft Outage: A Wake-Up Call for Digital Operational Resilience Preparedness​

In an unprecedented event, a mass IT outage has affected major banks, media outlets, and airlines worldwide. The disruption, which began earlier today, has caused significant operational challenges, particularly in Australia, where flights were grounded, supermarket checkouts failed, and broadcast networks struggled to stay on air. The cause of the outage remains unclear, although initial reports suggest a link to Microsoft PC operating systems.

Understanding the New EU Criteria for Classifying Cyber Threats under DORA

On 13 March 2024, the European Commission adopted the new Regulatory Technical Standards (RTS), which supplement the DORA Regulation (EU) 2022/2554 and specify the criteria for the classification of ICT-related incidents and cyber threats, setting out materiality thresholds and identifying the details of major incidents reports.

QuadPrime - DORA A Practical Guide

DORA: A Practical Guide for Financial Institutions and ICT Service Providers

The Digital Operational Resilience Act (DORA) is an EU Regulation, published in December 2022 and coming into effect in January 2025, with the aim to establish a coherent approach to information and communication technology (ICT) risk in the Financial Sector and strengthen the operational resilience of the financial services industry. It consolidates previous legal acts and improves rules with respect to ICT risk management, incident response, operational resilience testing and ICT third party monitoring.

Quadprime - Microsoft Outage - Operational Resilience

Microsoft Outage: A Wake-Up Call for Digital Operational Resilience Preparedness​

In an unprecedented event, a mass IT outage has affected major banks, media outlets, and airlines worldwide. The disruption, which began earlier today, has caused significant operational challenges, particularly in Australia, where flights were grounded, supermarket checkouts failed, and broadcast networks struggled to stay on air. The cause of the outage remains unclear, although initial reports suggest a link to Microsoft PC operating systems.

Understanding the New EU Criteria for Classifying Cyber Threats under DORA

On 13 March 2024, the European Commission adopted the new Regulatory Technical Standards (RTS), which supplement the DORA Regulation (EU) 2022/2554 and specify the criteria for the classification of ICT-related incidents and cyber threats, setting out materiality thresholds and identifying the details of major incidents reports.

Is DORA geared towards ICT or business direction?

Viewing DORA (Digital Operational Resilience Act) solely as an ICT regulation and leaving it entirely in the hands of IT teams would be a shortsighted approach.

From EBA Guidelines to DORA: Building a Robust Cybersecurity & Resilience Framework in the Financial Services Sector

For some time now, European bodies have been actively involved in supporting the financial sector's defences against Information and Communication Technology (ICT) threats.

The Dark Side of AI: How Artificial Intelligence Empowers Hackers

Cyber-attacks It’s a sign of the time. Organizations already struggle on handling cyber-attacks from Hackers and Advanced Persistent Threat (APT) Groups. What happens when AI provides them with the tools?

Funding scheme for Cyprus SMEs to enhance their Cybersecurity

The Research and Innovation Foundation (RIF), in collaboration with the Digital Security Authority (DSA) as the National Cybersecurity Coordination Centre (NCC-CY), has announced the launch of a subsidy programme aimed to ensure that SMEs reach a basic level of cybersecurity in order to protect their infrastructures, systems and information.

Two-day Seminar by Quadprime for Digital Security Authority

Our CEO, Mr Pantelis Angelides, has recently delivered a dynamic two-day workshop on "Business Continuity and Disaster Recovery in Critical Infrastructure” successfully organised by the Digital Security Authority, on 28 and 29 November 2023.

IT and cybersecurity: no grounds for complacency

Banks today are facing significant #ITsecurity challenges, including incomplete risk identification, perimeter security weaknesses, ineffective incident detection and response, and inadequate #crisismanagement plans. IT outsourcing arrangements often fail to sufficiently address IT security requirements.

Μνημόνιο συνεργασίας μεταξύ Πανεπιστημίου Κύπρου και Quadprime

Μνημόνιο συνεργασίας για θέματα που αφορούν τα πεδία Τεχνολογίας Πληροφορικής και Επικοινωνιών (ICT), Κυβερνοασφάλειας (Cybersecurity) και Προστασίας Πληροφοριών (Data Protection) υπέγραψαν τη Δευτέρα, 11 Σεπτεμβρίου 2023, το Πανεπιστήμιο Κύπρου και η εταιρεία Quadprime, μέλος του Ομίλου MAP S.Platis.

The Digital Epidemic: Ransomware Demystified

During the past few weeks, Cyprus has fallen victim to a series of ransomware attacks with incidents involving universities such as the University of Cyprus and Open University and the government’s Department of Land Registry and Surveying.

Οι κυβερνοεπιθέσεις «Ransomware» και μέτρα για μείωση του κινδύνου από μια παραβίαση προσωπικών δεδομένων

Η κυβερνοεπίθεση με λογισμικό κακόβουλης λειτουργίας υπολογιστή (Ransomware/Λυτρισμικό) σε συγκεκριμένο εκπαιδευτικό ίδρυμα στην Κύπρο άνοιξε με θόρυβο τη συζήτηση για την κυβερνοασφάλεια.

Two-Day Seminar Led By Quadprime’s CEO For The Digital Security Authority

Our CEO, Pantelis Angelides, led a two-day workshop on “Information Security Risk Management in Critical Infrastructures” on February 8 and 9, 2023.

Reporting Of Cyber-Attack Incidents

In the recent CIRCULAR NO: C512, the Cyprus Securities and Exchange Commission (CySEC) recognises that cyber-attacks are becoming more common and probable in recent years. This is the result of an increased appetite for investments in virtual products, a hike in the number of digitalized processes due to the COVID-19 pandemic, the growing reliance on group.

5 Urgent Cybersecurity Actions For Executives

Amidst the geopolitical heightened tensions these days, there is an increased number of cyberattacks against public and private organizations. Due to the connected and highly complex technology environment, with dependencies on supply chains, it has become increasingly challenging to completely prevent incidents that may disrupt business operations.

Quadprime Celebrates Valentines Day

Quadprime celebrates Valentines Day Romance scam is another technique used to gain trust of the victims to disclose personal information, accounts credentials or even money. Europol infographic lists a few important tips to avoid romance scams, especially these days. #happyvalentinesday

Webinar: “Meeting The FCA’s New Operational Resilience Requirements”

Pantelis Angelides, Quadprime’s CEO, will be a keynote speaker at the upcoming webinar “Meeting the FCA’s New Operational Resilience Requirements” organised by Complyport on Thursday, 10 February 2022. During this webinar, Pantelis will provide important insights on effective implementation of the main aspects of the Operational Resilience policy as well as some practical examples on impact analysis.

Special Bundle DORA consultancy package for Microenterprises

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