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Version status: Entered into force | Document consolidation status: No known changes
Version date: 16 January 2023 - 16 January 2025
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Article 18 Classification of ICT-related incidents and cyber threats

1. Financial entities shall classify ICT-related incidents and shall determine their impact based on the following criteria:

(a) the number and/or relevance of clients or financial counterparts affected and, where applicable, the amount or number of transactions affected by the ICT-related incident, and whether the ICT-related incident has caused reputational impact;

(b) the duration of the ICT-related incident, including the service downtime;

(c) the geographical spread with regard to the areas affected by the ICT-related incident, particularly if it affects more than two Member States;

(d) the data losses that the ICT-related incident entails, in relation to availability, authenticity, integrity or confidentiality of data;

(e) the criticality of the services affected, including the financial entity's transactions and operations;

(f) the economic impact, in particular direct and indirect costs and losses, of the ICT-related incident in both absolute and relative terms.

2. Financial

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