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Regulatory Wrap episode 83: ESA’s first DORA report stresses third-party risk oversight
In Regulatory Wrap for the week to June 26, Kathryn Fallah discusses the top operational resilience takeaways from the ESA’s DORA report on ICT-related incidents.
In Regulatory Wrap for the week to June 26, 2026:
In this week’s Regulatory Wrap, we unpack findings from the ESA’s first-ever DORA report on ICT-related incidents, which reinforce the importance of strong resilience measures and third-party risk oversight to keep pace with developing threats.
Highlights:
- The ESA’s DORA report, which provides an overview of major ICT-related incidents in the EU financial sector, found that 3,000 incidents were reported in 2025 – with one-third having a cross-border impact
- Shared infrastructures and third-party reliance magnify threats, with the report stating that “risks can be amplified by the interconnections within individual sectors and across the broader financial system”
- Of the reported incidents, 51% were due to system failures, 27% to external events, and 19% to process failures
- While cybersecurity incidents accounted for only 10% of those reported, the ESA noted that existing cybersecurity controls may not always be defensible against advancing attacks and should be tested regularly
- These findings in mind, the firms that prioritize resilience and ensure they have robust, updated frameworks in place – supported by security-first vendors – will be able to navigate the twists and turns of the current threat landscape
This week’s Regulatory Wrap is brought to you by Global Relay’s Content Writer, Kathryn Fallah.
Well-maintained risk frameworks are essential to manage disruptions that could impact your organization – and the firms that adapt fastest will be the ones pulling ahead of the rest.