Trust and cybersecurity: a collective priority for Luxembourg’s banks

Turning regulation into opportunity

“The regulatory landscape is shifting quickly, with DORA, eIDAS 2.0, and the Cyber Resilience Act reshaping how financial services operate,” explains Ilker Tutu. “Our goal is to help ABBL members see these changes not as a burden, but as tools for stability and innovation.”

Antoine Meyers adds: “The cyber threat level keeps rising, and collaboration will be essential. By sharing experiences, we can make sure investments in security bring tangible value and lasting impact.”

Adapting to emerging technologies

Emerging technologies such as AI, quantum computing, and digital identities are transforming both risks and opportunities. “These innovations bring challenges, but also powerful ways to enhance trust, efficiency and customer protection,” notes Ilker Tutu.

For Antoine Meyers, agility is key: “Cybersecurity will continue to be influenced by external factors, including geopolitics. The priority is to improve detection and response capabilities—to stay resilient against both known and unknown threats.”

Collaboration as the foundation of trust

Luxembourg’s financial ecosystem benefits from a high degree of mutualisation and collaboration. “Key players such as LuxTrust, i-Hub, LuxHub and POST help create a secure and connected digital environment,” says Antoine Meyers. “Keeping close links between these actors reinforces collective resilience.”

Ilker Tutu agrees: “The best defence is a community that shares and learns together. We invite ABBL members to join the Working Group, contribute their insights and help shape the agenda for the years ahead.”

A coordinated effort across the industry

For the ABBL, the Trust and Cybersecurity Working Group reflects a shared ambition to ensure the stability, security and competitiveness of Luxembourg’s financial centre.

“Cybersecurity and trust are not just technical topics—they are at the core of financial stability and client confidence,” says Andrey Martovoy, Senior Adviser, Innovation & Digital at the ABBL. “The ABBL acts as a catalyst for cooperation between banks, service providers and regulators, ensuring that Luxembourg’s financial sector remains both innovative and resilient.”

In 2025–2026, the Working Group will continue to expand its engagement with members, regulators and technology providers to shape a proactive cybersecurity agenda—aligning innovation with trust to reinforce Luxembourg’s position as a secure and forward-looking financial hub in Europe.