ICT security testing


  1. The financial entitiesas defined in Article 2, points (a) to (t) referred to in shall establish and implement an ICT security testing plan to validate the effectiveness of their ICT security measures developed in accordance with Articles 33, 34 and 35 and Articles 37 and 38 of this Regulation. Financial entitiesas defined in Article 2, points (a) to (t) shall ensure that that plan considers threats and vulnerabilitiesa weakness, susceptibility or flaw of an asset, system, process or control that can be exploited identified as part of the simplified ICT riskany reasonably identifiable circumstance in relation to the use of network and information systems which, if materialised, may compromise the security of the network and information systems, of any technology dependent tool or process, of operations and processes, or of the provision of services by producing adverse effects in the digital or physical environment management framework referred to in Article 31 of this Regulation.

  2. The financial entitiesas defined in Article 2, points (a) to (t) referred to in paragraph 1 shall review, asses and test ICT security measures, taking into consideration the overall risk profile of the ICT assetsa software or hardware asset in the network and information systems used by the financial entity of the financial entity.

  3. The financial entitiesas defined in Article 2, points (a) to (t) referred to in paragraph 1 shall monitor and evaluate the results of the security tests and update their security measures accordingly without undue delay in the case of ICT systems supporting critical or important functionsa function the disruption of which would materially impair the financial performance of a financial entity, or the soundness or continuity of its services and activities, or the discontinued, defective or failed performance of that function would materially impair the continuing compliance of a financial entity with the conditions and obligations of its authorisation, or with its other obligations under applicable financial services law.