Early days of DORA: navigating third party obligations
The enforcement deadline for the Digital Operational Resilience Act (DORA) has now passed, marking a new era of regulatory scrutiny for financial institutions and their ICT service providers. As organisations work to align with DORA’s resilience requirements, a key area of focus is third party risk management, which holds firms accountable for the operational stability […]
DORA Implementation Deadline is Here: Key actions to finalise your compliance
Today marks a critical milestone for financial institutions across Europe as the Digital Operational Resilience Act (DORA) officially comes into force. At this point, we should all be well-acquainted with the essence of DORA. To recap briefly: it sets the framework for ensuring the operational resilience of the financial sector by addressing ICT risk management, […]
DORA 101: Preparing for digital operational resilience
The Digital Operational Resilience Act (DORA) is a significant regulatory framework aimed at enhancing the operational resilience of financial entities within the European Union (EU), applicable from 17 January 2025. It emphasises the importance of Information and Communication Technology (ICT) risk management, incident management, operational resilience testing, third-party risk management, and the sharing of cyber […]
