European Banks Report 3,383 Major ICT Incidents During 2025 Under DORA as Third-Party Risks Rise to 29%

According to the European Banking Authority, European Securities and Markets Authority and European Insurance and Occupational Pensions Authority, European financial institutions reported 3,383 major ICT-related incidents during 2025 under the Digital Operational Resilience Act. Nearly 29% of incidents originated from failures involving third-party providers, including ICT vendors and outsourced service providers. Around one-third of incidents spread beyond their country of origin, while approximately 8% affected more than 10 countries simultaneously. Credit institutions accounted for more than 60% of reported incidents, while system failures represented the largest category at 51% of all cases. The report highlights how operational failures at a single provider can rapidly propagate across multiple financial institutions and jurisdictions, underscoring Europe's financial sector's increasing dependence on shared infrastructure.
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