Understand the Implications of the Digital Operational Resilience Act for Your Business
Highlights:
- DORA introduces comprehensive regulations for enhancing the digital resilience of financial entities.
- Organizations now face stricter compliance requirements regarding cybersecurity and operational disruptions.
- The regulation aims to unify the approach of financial firms towards managing risks associated with digital operations across the EU.
The Digital Operational Resilience Act (DORA) officially goes into effect, marking a significant shift in how financial services must approach operational resilience. By enforcing stricter regulations and compliance measures, DORA aims to enhance cybersecurity and safeguard financial systems from disruptions. This regulatory framework seeks to ensure that all EU financial firms adopt a unified strategy for managing digital risks, thus improving overall stability in the sector.
