By

webeditorhere
11
Feb

Cracking MiCA’s Article 60: ICT and Cybersecurity Compliance with Confidence

February 11, 2025
Understanding Article 60 of MiCA The Markets in Crypto-Assets (MiCA) Regulation introduces notification requirements for financial entities seeking to provide crypto-asset services in the European Union. Under Article 60, entities must submit a detailed notification that includes key ICT and cybersecurity documentation, ensuring compliance with DORA (Digital Operational Resilience Act) and other regulatory frameworks. At...
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29
Jan

Across Five Continents We Can Secure Your Future

January 29, 2025
Whether mandated by regulations or driven by a voluntary commitment to excellence, companies of all sizes and industries must prioritize information security and cybersecurity to protect their assets, data, and reputation. Why Security Matters Beyond Regulatory Obligations While some businesses are required by law to implement cybersecurity frameworks, others may operate in jurisdictions without specific...
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17
Jan

DORA Comes into Play: Enforcing New ICT Requirements and Risk Management Standards

January 17, 2025
Today, the Digital Operational Resilience Act (DORA) officially came into force, marking a significant shift in the way financial entities across the European Union (EU) manage their information and communication technology (ICT) risks. As one of the most important regulatory developments in recent years, DORA aims to strengthen the operational resilience of the EU financial...
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09
Jan

Konkrit Solutions at iFX EXPO Dubai

January 9, 2025
Konkrit Solutions is thrilled to announce our participation in the upcoming iFX EXPO in Dubai, a premier event for professionals in the fintech and financial services sectors. As a technology company at the forefront of IT services and innovation, we are excited to connect with industry leaders, showcase our expertise, and explore opportunities for collaboration....
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10
Dec

Circular C668: Workshop about the preparation of the register of information under the Digital Operational Resilience Act

December 10, 2024
The Cyprus Securities and Exchange Commission (the “CySEC”) on December 10th, 2024, issued Circular C668, regarding the workshop on preparing the register of information under the Digital Operational Resilience Act (the “Circular”). Following the issuance of the Circular, CySEC wishes to inform Financial Entities* of an upcoming workshop initiated by the European Supervisory Authorities (ESAs)...
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26
Nov

The Stakes Have Never Been Higher

November 26, 2024
As cyberattacks become more sophisticated and widespread than ever before, no organization, regardless of size or industry, is immune to these threats. To counter this ever-growing challenge, businesses, governments, and cybersecurity professionals must work together. Collaboration and information sharing are no longer optional, they are essential strategies for building a resilient cybersecurity ecosystem. The Digital...
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18
Nov

Upcoming Deadline for DORA Compliance: Prepare Your Registers of Information

November 18, 2024
The European Supervisory Authorities (ESAs) have announced critical timelines for financial entities to submit their registers of information on contractual arrangements with ICT third-party service providers, as required under the Digital Operational Resilience Act (DORA). Key Information Submission Deadline: Financial entities must ensure their registers of information are prepared and submitted to competent authorities ahead...
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11
Nov

Without (SOC)Ks, You are at Risk of a Cyber Flu

November 11, 2024
With cyberattacks becoming increasingly common and complex, the need for a Security Operations Center (SOC) has never been more critical. Organizations are dedicating resources to SOCs to defend their data, systems, and intellectual assets. This article examines the role, organization, and operations of a SOC, as well as the challenges and rewards associated with building...
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23
Oct

CISO: The Joker for ICT Resilience

October 23, 2024
As financial institutions encounter growing demands to meet regulatory requirements and safeguard sensitive information, the importance of the Chief Information Security Officer (CISO) has become crucial. With the introduction of new regulations like the Digital Operational Resilience Act (DORA), financial entities must be well-prepared to handle Information and Communication Technology (ICT) risks and address cybersecurity...
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07
Oct

Is Your System’s Backdoor Open? What about a P(ai)nTest?

October 7, 2024
Penetration testing, commonly known as pen testing, is a vital cybersecurity practice where ethical hackers mimic cyberattacks on systems, networks, or applications to discover and exploit potential weaknesses. A key issue that pen testing can reveal is the existence of backdoors—unauthorized access points that allow attackers to bypass standard security protocols. However, backdoors are just...
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