Cyprus: Cybersecurity

The European Commission has unveiled the European Technological Sovereignty Package, a comprehensive legislative framework targeting four critical areas: semiconductor manufacturing through Chips Act 2.0, cloud and AI infrastructure via the Cloud and AI Development Act, digital autonomy through open source strategy, and energy sector digitalization. This ambitious initiative aims to fundamentally transform Europe's technological independence and competitive position in the global digital economy by 2030.

DORA represents a major shift in how the European financial system manages digital risk. It is not simply another cybersecurity regulation, it is a governance and resilience mandate

As we move toward 2030, compliance is going through big changes. Companies face tougher rules, fast technological change, and growing demands...

The Digital Operational Resilience Act (DORA) is set to come into effect soon, reflecting the European Union (EU) regulators' efforts to strengthen the IT security of financial entities.

In 2025, privacy is more than a legal checkbox – it's a competitive advantage. As cyber threats become more sophisticated and regulations tighten...

The financial services sector's heavy reliance on IT exposes entities to heightened risks of cyberattacks and operational disruptions stemming from intricate system, process, and human factors—risks...

In the past month, the University of Cyprus, the Land Registry and the Open University of Cyprus have all fallen victim to cyber hacking. In the wake of this, the Cyprus Mail...

Money laundering has been a persistent issue in the world of finance and law enforcement for decades. Criminals seek to disguise the illicit origin of funds, obtained through illegal activities...

The January issue, of the Great Britain-Cyprus Business Gazette features an article by our Chief Information Officer, Michael Ioannou. In his article Michael explains why the issue of cybersecurity...