What Regulation (EU) 2022/2554 on digital operational resilience for the financial sector - Article 8: Identification requires
Financial entities must identify, classify, document, and continuously review all ICT-supported business functions, assets, and related risks as part of their ICT risk management framework.
Pillar: Banking & Global Finance · Authority: European Parliament and Council of the European Union · Version: 1.0.0 · Last updated:
Primary source: https://eur-lex.europa.eu/legal-content/EN/TXT/HTML/?uri=CELEX:32022R2554
SHA-256 integrity: 348f172e8e193507a8c3e3267874ddf581078ee91942d9c884ccc3ae0fcc4fbe
Primary Citations — 7 traced to source
- Article 8(1): As part of the ICT risk management framework referred to in Article 6(1), financial entities shall identify, classify and adequately document all ICT supported business functions, roles and responsibilities, the information assets and ICT assets supporting those functions, and their roles and dependencies in relation to ICT risk.
- Article 8(2): Financial entities shall, on a continuous basis, identify all sources of ICT risk, in particular the risk exposure to and from other financial entities, and assess cyber threats and ICT vulnerabilities relevant to their ICT supported business functions, information assets and ICT assets.
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