AI Summary of Article 27 Requirements for testers for the carrying out of TLPT
In accordance with regulatory requirements, financial entities must engage only those testers for Threat Vulnerability and Penetration Testing (TLPT) who exhibit superior suitability, possess expert capabilities in relevant fields, and comply with recognised accreditation standards. Such testers must provide independent assurances concerning risk management and must maintain appropriate professional indemnity insurance.
When deploying internal testers, financial entities are additionally obliged to obtain approval from the relevant authority, ensure resource adequacy, and establish external independent threat intelligence. These measures are crucial to safeguarding sensitive information and mitigating business risks.
Article 27 Requirements for testers for the carrying out of TLPT
1. Financial entities shall only use testers for the carrying out of TLPT, that:
(a) are of the highest suitability and reputability;
(b) possess technical and organisational capabilities and demonstrate specific expertise in threat intelligence, penetration testing and red team testing;
(c) are certified by an accreditation body in a Member State or adhere to formal codes of conduct or ethical frameworks;
(d) provide an independent assurance, or an audit report, in relation to the sound management of risks associated with the carrying out of TLPT, including the due protection of the financial entity's confidential information and redress for the business risks of the financial entity;
(e) are duly and fully covered by relevant professional indemnity insurances, including against risks of misconduct and negligence.
2. When using internal testers, financial entities shall ensure that, in addition to the requirements in paragraph 1, the following conditions are met:
(a) such use has been approved by the relevant competent authority or by the single public authority designated in accordance with Article 26(9) and (10);