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CRA · apps · products with digital elements

Cyber Resilience Act: what banks and insurers should assess now

The Cyber Resilience Act (CRA, Regulation (EU) 2024/2847) has been in force since 10 December 2024. For Austrian financial institutions, it becomes particularly relevant where software or apps are made available on the EU market under the institution's own brand.

What the CRA regulates

The CRA is a horizontal EU legal act for products with digital elements. It applies to hardware and software products made available on the Union market where their intended purpose or reasonably foreseeable use includes a direct or indirect connection to a device or network.

For banks and insurers, role allocation is decisive: an institution is not automatically a manufacturer because it uses software. A manufacturer is typically the party that develops, or has developed, a product and markets it under its own name or trademark. Mobile banking apps, insurance apps and white-label arrangements should therefore be assessed early.

SystemCRA assessment question
Mobile banking appIs the app made available under the institution's own brand and responsibility?
Insurance appIs the institution manufacturer, importer, distributor or merely user of a third-party solution?
Online banking portalIs it a product with digital elements made available on the market or primarily an individual online service?
Credit calculator with backend connectionIs a separate software component made available on the market?
Purchased core softwareDoes the manufacturer duty primarily sit with the provider while DORA and contractual controls remain with the institution?

Three key dates

DateWhat appliesPractical consequence
10 December
2024
CRA entered into forceRole allocation, product inventory and development processes should be prepared.
11 September
2026
Reporting under Art. 14 CRAActively exploited vulnerabilities and severe security incidents must be reported through the CRA Single Reporting Platform.
11 December
2027
Main obligations fully applyEssential cybersecurity requirements, technical documentation, conformity assessment and CE marking become relevant.

What the CRA requires in practice

  • cybersecurity by design and secure default configurations
  • vulnerability handling throughout the product support period
  • technical documentation and EU declaration of conformity
  • CE marking before placing a product on the market, where the product is in scope
  • reporting processes for actively exploited vulnerabilities and severe security incidents

Distinction from DORA

DORA regulates the financial entity as a supervised institution and its ICT risk management. The CRA regulates the digital product and the economic operators in the product chain. Both regimes can be relevant side by side: a security incident in an app may trigger DORA reporting to the FMA and CRA reporting via the CRA Single Reporting Platform.

Separate the timelines clearly

CRA reporting starts with a 24-hour early warning and a 72-hour notification. For major ICT-related incidents, DORA timelines are specified in particular by Delegated Regulation (EU) 2025/301: initial notification within four hours from classification and no later than 24 hours from detection, intermediate report after 72 hours, final report within one month from the latest intermediate report.

What should be done now

  • Product inventory: which apps, portals and components are made available under the institution's own brand?
  • Role allocation: manufacturer, importer, distributor, deployer/user or DORA-relevant third-party provider?
  • Gap analysis against Annex I CRA and existing secure-development processes
  • Prepare CRA and DORA reporting routes as separate organisational processes

Connection to other topics

EU AI Act, vendor AI and audit readiness belong in the same governance map: roles, duties, evidence and reporting channels must be documented for each system.

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Notice: This page is for general information about the CRA, DORA and adjacent obligations. It does not constitute legal advice; CRA roles must be assessed case by case. Status: June 2026.