The Key Steps To Ensuring Dora Compliance
Technative, Thursday, January 9th, 2025
As we approach 2025, financial institutions across the EU face the challenge of complying with the Digital Operational Resilience Act (DORA), which is set to take effect on the 17th of January.
DORA is focused on strengthening cybersecurity and operational resilience across financial ecosystems, with the consequences for non-compliance ranging from regulatory fines to reputational damage and an increased risk of cyberattacks. However, while leaders must go beyond internal systems, addressing risks across their third-party vendors and ecosystems whilst balancing budgets and tight deadlines, DORA compliance can be simplified - and offer new business opportunities.