The Federation of European Risk Management Associations (FERMA) is urging EU Institutions to streamline cyber reporting requirements as well as consider the insurance implications of cyber-related legislation, following the release of a new report providing guidance on recent and upcoming regulations.
The report – Cyber Reporting Stack: Navigating EU incident reporting requirements for risk managers – was produced in partnership with WTW and provides risk managers with comprehensive advice on managing reporting requirements across a widening cyber policy environment.
Including a series of case studies spanning different critical breach scenarios, the document delivers guidance on reporting requirements across regulations including General Data Protection Regulation (GDPR); Network and Information Security (NIS); Network and Information Security (NIS 2); Digital Operational Resilience Act (DORA); and the Cyber Resilience Act (CRA).
Charlotte Hedemark, President, FERMA, said: “FERMA believes companies need a more streamlined and consistent set of requirements when it comes to reporting on cyber incidents. This reporting should help EU authorities, businesses and citizens…
