On 26 July 2024, the European Central Bank (ECB) issued a press release stating that it had concluded its cyber resilience stress test which found that overall supervised banks have response and recovery frameworks in place, but areas for improvement remain. The outcome of the test will feed into the 2024 Supervisory Review and Evaluation Process, which assesses banks’ individual risk profiles. Supervisors have provided individual feedback to each bank and will follow up with them accordingly.