TARGET2 security awareness training: a quick guide

Learn what the information security directive TARGET2 states about security awareness training.

Is security awareness training required according to TARGET2?

Yes, TARGET2, the Eurosystem’s real-time gross settlement system, requires participants to implement security awareness training as part of operational security measures.

What requirements does TARGET2 set for security awareness training?

Participants in TARGET2 must ensure their staff are regularly trained in cybersecurity awareness, including recognizing social engineering attacks, ensuring secure communication, and adhering to operational security guidelines. The training program must be documented for compliance purposes.

Where can you find more information about security awareness training for TARGET2 compliance?

Further details on TARGET2 security requirements can be found on the ECB’s TARGET services website. Additionally, compliance consultants and training providers offer solutions for meeting these requirements.