By

webeditorhere
19
Feb

Unlocking Business Potential: The Power of Data Governance

February 19, 2024
In today’s dynamic business landscape, data stands as the cornerstone of success, providing valuable insights that drive strategic decision-making. However, in the vast ocean of information, navigating the complexities of data management can be challenging for organizations. This is where the concept of data governance emerges as a guiding light, offering a structured approach to...
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06
Feb

Circular C619: ESMA Guidelines on transfer of data between Trade Repositories under EMIR and SFTR (ESMA 74-362-2351)

February 6, 2024
The Cyprus Securities and Exchange Commission (the “CySEC”) on the 5th of February 2024 issues Circular C619 on ESMA Guidelines on transfer of data between Trade Repositories under EMIR and SFTR (ESMA 74-362-2351) (the “Circular”). Further to the issuance of the Circular, CySEC wishes to remind the Regulated Entities* that the European Securities and Markets...
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05
Feb

Empowering Security Excellence: Guiding the ISO 27001 Certification Journey

February 5, 2024
In an era where digital security is non-negotiable, ISO 27001 stands as an assurance for organizations striving to protect their information assets. This article explores the intricacies of ISO 27001, shedding light on its significance and how it can fortify your organization’s defense against evolving cyber threats. ISO 27001 is not merely a certification; it’s...
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26
Jan

Circular C616: ESMA Guidelines for reporting under EMIR (ESMA74-362-2281)

January 26, 2024
The Cyprus Securities and Exchange Commission (CySEC) issues Circular C616 as a reminder to Regulated Entities about the recent publication of the European Securities and Markets Authority (ESMA) Guidelines for reporting under the European Market Infrastructure Regulation (EMIR). These comprehensive guidelines, officially released on October 23, 2023, and translated into all EU official languages, aim...
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17
Jan

ESAs publish first set of rules under DORA for ICT and third-party risk management and incident classification

January 17, 2024
The three European Supervisory Authorities (EBA, EIOPA and ESMA – the ESAs) published today the first set of final draft technical standards under the DORA aimed at enhancing the digital operational resilience of the EU financial sector by strengthening financial entities’ Information and Communication Technology (ICT) and third-party risk management and incident reporting frameworks. The joint final...
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16
Jan

Fortifying Digital Frontiers: The Art of Crafting a Robust ISRA – Your Proactive Shield Against Cyber Threats

January 16, 2024
In an era dominated by technology, safeguarding sensitive information is vital for organizations. Information Security Risk Assessment (ISRA) emerges as a crucial process in identifying, evaluating, and mitigating potential risks that could compromise the integrity, confidentiality, and availability of valuable data. This article will explore the intricacies of ISRA, its significance, and how organizations can...
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04
Jan

Change Management: Considered one of the most common challenges for businesses!

January 4, 2024
Konkrit Solutions specializes in helping companies in various sectors with their digital transformation projects. In our experience, we’ve noticed that many departments within these companies resist making changes. Sometimes, employees in businesses that have been around for a while don’t like things to be different. However, for a business to succeed, it needs to keep...
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04
Dec

The More, the Better: How Data Lakes Empower Big Data and AI

December 4, 2023
Greetings! Ever heard of data lakes? Think of them as powerful reservoirs that redefine how businesses handle vast amounts of information. In this Article, we’ll delve into how data lakes are reshaping the landscape of big data and artificial intelligence (AI) in a way that’s both sophisticated and user-friendly.  The All-in-One Storage Solution Consider data...
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21
Nov

Think Before You Click: Navigating ICT and Security Risks in the Digital Age

November 21, 2023
In today’s digitally interconnected world, a click of a mouse or a tap on a screen can bring many opportunities. Nevertheless, this convenience also comes with responsibilities, especially in Information and Communication Technology (ICT) and security. As businesses embrace technology, it’s crucial to have robust risk management strategies and ensure employees are well-informed. Understanding ICT...
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10
Nov

ESMA’s Announcement on the Strategic Shift Towards Cyber Resilience and ESG Transparency

November 10, 2023
On November 9th, 2023, the European Securities and Markets Authority’s (the “ESMA”) published an  Announcement putting the cyber risk as a new Union Strategic Supervisory Priority (the “Announcement”). Further to the Announcement, ESMA is changing its Union Strategic Supervisory Priorities (the “USSPs”) to focus on cyber risk and digital resilience alongside ESG disclosures. Pursuant to...
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