Featured Product

    ECB Publishes Guidance on Role of White Team in TIBER-EU Test

    December 17, 2018

    ECB published guidance on the roles and responsibilities of the White Team in a Threat Intelligence-Based Ethical Red Teaming (TIBER-EU) test. The guidance covers the roles and responsibilities of the White Team during the preparation, testing, and closure phases of a TIBER-EU test; the composition of the White Team; the requisite skills and experience of the White Team; and the organizational aspects of the White Team.

    The TIBER-EU White Team Guidance is an integral part of the TIBER-EU Framework. The TIBER-EU framework enables European and national authorities to work with financial infrastructures and institutions to put in place a program to test and improve their resilience against sophisticated cyber attacks. TIBER-EU is an instrument for red team testing, designed for use by core financial infrastructures, whether at national or at European level, which can also be used by any type or size of entity across the financial and other sectors. TIBER-EU is designed to be adopted by the relevant authorities in any jurisdiction, on a voluntary basis and from a variety of perspectives, as a supervisory or oversight tool, for financial stability purposes, or as a catalyst. So far, ECB has published guidance on implementing the TIBER-EU Framework and Guidelines for the TIBER-EU Services Procurement Guidelines.

    The White Team is the team—within the entity being tested—that is responsible for the overall planning and management of the test, in accordance with the TIBER-EU Framework. The members of the White Team are the only people within the entity being tested that know that a TIBER-EU test is taking place. The White Team must ensure that the TIBER-EU test is conducted in a controlled manner, with appropriate risk management controls in place, while maximizing the learning experience for the entity. For this, the White Team must closely cooperate with the TIBER Cyber Team (TCT) from the respective authority.

     

    Related Link: TIBER-EU White Team Guidance (PDF)

    Keywords: Europe, EU, Banking, Securities, PMI, Cyber Risk, Cyber Resilience, TIBER-EU, White Team, ECB

    Related Articles
    News

    OCC Revises Minimum Threshold for Banks to Conduct Stress Tests

    OCC issued the final rule that amends its company-run stress testing requirements under the 12 CFR 46 in Code of Federal Regulations.

    October 10, 2019 WebPage Regulatory News
    News

    US Agencies Update Management Interlock Rules Under DIMIA

    US Agencies (FDIC, FED, and OCC) issued a final rule that increases the thresholds in the major assets prohibition for management interlocks for purposes of the Depository Institution Management Interlocks Act (DIMIA).

    October 10, 2019 WebPage Regulatory News
    News

    US Agencies Finalize Rules to Closely Match Bank Risk Profiles

    US Agencies (OCC, FED, and FDIC) finalized rules that tailor the regulations for domestic and foreign banks to more closely match their risk profiles.

    October 10, 2019 WebPage Regulatory News
    News

    CPMI-IOSCO and FSB on Governance Arrangements for OTC Derivatives

    CPMI and IOSCO published a report that identifies key criteria, functions, and bodies for the governance arrangements.

    October 09, 2019 WebPage Regulatory News
    News

    EIOPA Launches Field Test on Templates Under 2020 Solvency II Review

    EIOPA, as part of the 2020 Solvency II reporting and disclosure review, launched a field test on the revised and newly proposed reporting templates.

    October 09, 2019 WebPage Regulatory News
    News

    US Agencies Adopt Rule on Appraisals for Real Estate Transactions

    US Agencies (FDIC, FED, and OCC) adopted the final rule to amend regulations requiring appraisals of real estate for certain transactions

    October 08, 2019 WebPage Regulatory News
    News

    US Agencies Finalize Amendments to Simplify Volcker Rule

    US Agencies (CFTC, FDIC, FED, OCC, and SEC) finalized amendments to the regulations implementing section 13 of the Bank Holding Company Act, also known as the Volcker Rule.

    October 08, 2019 WebPage Regulatory News
    News

    EC Report Explores Application and Challenges of Blockchain Technology

    The Joint Research Center of EC published a report exploring the challenges and impact of distributed ledger technologies.

    October 08, 2019 WebPage Regulatory News
    News

    BIS and SNB Sign Agreement on Innovation Hub Center in Switzerland

    BIS and SNB signed an operational agreement on the BIS Innovation Hub Center in Switzerland.

    October 08, 2019 WebPage Regulatory News
    News

    ECB Issues Results of Sensitivity Analysis of Liquidity Risk for Banks

    ECB published results of 2019 stress test on sensitivity analysis of liquidity risk.

    October 07, 2019 WebPage Regulatory News
    RESULTS 1 - 10 OF 3958