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24 February 2021

Insurance Europe: EC proposal for financial sector cyber security rules too prescriptive, and should instead be principle- and risk-based

While European insurers welcome efforts to boost the cyber resilience of the financial sector and to bring cyber rules under a unified framework, it is important to avoid a one-size-fits-all approach.

In its current form, the DORA proposal is too prescriptive, especially in terms of the...

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