Lietuvos Bankas and the National Cyber Security Centre (NCSC), operating under the Ministry of National Defence, have formalised a new phase of interinstitutional cooperation in the field of cybersecurity.
“Cybersecurity is not just about technology, but, above all, about speed and coordinated response. Cooperation with the NCSC will allow us to exchange information more swiftly, respond to threats, and strengthen the resilience of the financial system as a whole,”
said Julita Varanauskienė, Deputy Chair of the Board of Lietuvos Bankas.
Under the agreement, Lietuvos Bankas will join the National Cyber Incident Management Platform, which is coordinated by the NCSC.
The platform facilitates the real-time exchange of information on cyber threats and incidents, supports coordinated responses, and enhances the overall management of cyber risks.
Lietuvos Bankas currently serves as a single point of contact for reporting information and communication technology incidents within the financial sector.
The agreement enables the central bank to automatically exchange data on cyber incidents with the NCSC, thereby supporting quicker identification and more efficient management of such events.
“Lietuvos Bankas is the first supervisory authority to join the platform. This is an important step not only in developing the system itself, but also in strengthening the resilience of the financial sector as a whole. The Agreement facilitates the implementation of the Law on Cybersecurity, the NIS2 Directive and the DORA Regulation. This is a major achievement of cross-sectoral cooperation in strengthening cybersecurity in Lithuania in a unified way,”
stated Antanas Aleknavičius, Director of the NCSC.
The agreement also establishes dedicated communication channels for managing potential threats or large-scale cyber crises.
The NCSC will provide expert support to Lietuvos Bankas, oversee compliance with cybersecurity regulations, and coordinate joint training and simulation exercises.
This collaboration aims to improve institutional preparedness and enhance the broader financial sector’s capacity to respond to cyber threats.
The initiative forms part of Lithuania’s wider national policy to improve cybersecurity through coordinated institutional responses to nationwide risks.
Other national authorities involved in cyber threat management are expected to adopt a similar approach.
Featured image credit: Lietuvos Bankas
