Digital Operational Resilience Act (DORA) Compliance: The High Stakes for Financial Institutions in the European Union
The European Union’s Digital Operational Resilience Act (DORA) is set to reshape the financial sector’s approach to operational resilience. With enforcement beginning January 17, 2025, financial entities and critical ICT third-party providers must prioritize DORA compliance or face significant repercussions. Key Takeaways for the Financial Sector: Financial Organizations found in breach face fines reaching a […]
The European Union’s Digital Operational Resilience Act (DORA) is set to reshape the financial sector’s approach to operational resilience. With enforcement beginning January 17, 2025, financial entities and critical ICT third-party providers must prioritize DORA compliance or face significant repercussions. Key Takeaways for the Financial Sector: Financial Organizations found in breach face fines reaching a
