Cyber Resilience

Cyber resilience can be defined as the ability to anticipate, withstand, recover from, and adapt to adverse conditions, stresses, attacks, or compromises on systems that are use or are enabled by cyber resources.

In today’s world, cyber threat is borderless and the capabilities of the adversaries are constantly evolving, readily scalable and increasingly sophisticated, threatening to disrupt the interconnected financial systems.

Therefore, in an effort to strengthen financial stability and enhance the cyber resilience of the Irish financial system, the Central Bank of Ireland has activated two voluntary programmes, TIBER-IE and CIISI-IE .

TIBER-IE

In December 2019, the Central Bank of Ireland adopted a threat-led penetration testing programme, Threat Intelligence Based Ethical Red-teaming (TIBER-IE) as a voluntary initiative.

TIBER-IE is a national implementation of the TIBER-EU framework and allows for a controlled, bespoke, threat-intelligence red team test of an entities’ critical live production systems.

View more information on TIBER-IE.

CIISI-IE

In June 2021, the Central Bank of Ireland launched a 3-year pilot ‘Cyber Information and Intelligence Sharing Initiative (CIISI-IE)’ in an effort to promote the exchange of cyber information and intelligence within a trusted financial system sharing community.

Members may leverage the collective knowledge, experience and capabilities from the sharing community to gain a more complete understanding of the threats they face. Using this knowledge, members of the community can make threat-informed decisions regarding defensive capabilities, threat detection techniques and mitigation strategies.

View more information on CIISI-IE.