DORA is not groundbreaking but is the most significant legislation on resilience in the financial sector, and it comes into full effect tomorrow, January 17, 2025.
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.
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.
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.
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.
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.
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.
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.
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 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.