Supervision release 3 November 2023 – 63/2023

Financial Supervisory Authority calls for enhanced monitoring of disruptions and abnormal observations

Due to recent incidents directed at critical infrastructure1, the Financial Supervisory Authority (FIN-FSA) urges its supervised entities to continue to be vigilant in case of various disruptions and suspicious activity. In addition to cyber attacks, there may also be other types of suspicious activity, for example attempts to damage critical infrastructure in other ways.

The authorities are monitoring the situation closely.

On 4 March 2022, the FIN-FSA published a supervision release (4 March 2022 – 14/2022), in which it called for enhanced monitoring of cyber security due to the escalation of international security situation. The FIN-FSA also reminded supervised entities to report any disruptions and security breaches to the FIN-FSA.

The issues raised in the supervision release, such as ensuring that supervised entities’ protection measures against various cyber threats are up to date, are still valid.

The FIN-FSA encourages its supervised entities to notify the FIN-FSA immediately and with a low threshold of any disruptions and abnormal observations.

For further information, please contact

Markku Koponen, Head of Division, telephone +358 9 183 5389

1The damage to the gas pipeline and telecommunications link between Finland and Estonia, which was detected on 8 October 2023.