Supervisory Operational or Security Incident Reporting Framework - Horizontal Analysis 2024
Banca d'Italia publishes the annual report 'Supervisory Operational or Security Incident Reporting Framework - Horizontal Analysis 2024' which summarizes the main evidence from reports of 'significant operational or security incidents' submitted to the Institution in 2024 by banks, payment institutions, and electronic money institutions, pursuant to the provisions of Circular No. 285 and the Supervisory Regulations for payment institutions and electronic money institutions.
The analyses show a general increase in the number of reports received during the reference period, with a predominance of operational incidents, a significant involvement of third-party service providers, and a slight growth in the number of cyber incidents.
The report highlights the importance of the incident reporting framework as a valuable tool for timely assessment of system-wide trends in relation to new threats and vulnerabilities common to the Italian financial market.