Digital Operational Resilience Act Articles (Proposal)

The Articles (Proposal) of the Digital Operational Resilience Act

Digital Operational Resilience Act (DORA), Article 40, Information-sharing arrangements on cyber threat information and intelligence.

1. Financial entities may exchange amongst themselves cyber threat information and intelligence, including indicators of compromise, tactics, techniques, and procedures, cyber security alerts and configuration tools, to the extent that such information and intelligence sharing:

(a) aims at enhancing the digital operational resilience of financial entities, in particular through raising awareness in relation to cyber threats, limiting or impeding the cyber threats’ ability to spread, supporting financial entities’ range of defensive capabilities, threat detection techniques, mitigation strategies or response and recovery stages;

(b) takes places within trusted communities of financial entities;

(c) is implemented through information-sharing arrangements that protect the potentially sensitive nature of the information shared, and that are governed by rules of conduct in full respect of business confidentiality, protection of personal data and guidelines on competition policy.

2. For the purpose of point (c) of paragraph 1, the information sharing arrangements shall define the conditions for participation and, where appropriate, shall set out the details on the involvement of public authorities and the capacity in which the latter may be associated to the information-sharing arrangements, as well as on operational elements, including the use of dedicated IT platforms.

3. Financial entities shall notify competent authorities of their participation in the information-sharing arrangements referred to in paragraph 1, upon validation of their membership, or, as applicable, of the cessation of their membership, once the latter takes effect.