There’s still time for financial services businesses to get ready for the EU’s Digital Operational Resilience Act (DORA) before it comes into force, a Tech Monitor webinar held in partnership with Rubrik has heard.
DORA is a new regulatory framework, formulated to strengthen the EU’s financial sector against operational disruptions and cyberattacks, which is set to come into force next year.
The webinar, entitled ‘Avoid a Red Card – Align to the New DORA Requirements’, heard from Richard Cassidy, Rubrik’s EMEA Field CISO, who gave delegates the lowdown on the new rules and what businesses in the financial sector need to do to ensure compliance.
[You can view the webinar free and on-demand here]
DORA is a new piece of legislation that will mandate financial services organisations to improve their resilience to operations disruptions, such as cyberattacks, by placing much more emphasis on resilience and recovery as opposed to traditional detect-and-protect approaches.
Cassidy told the webinar: “Businesses are feeling overwhelmed by compliance mandates. DORA changes that and shifts the outcomes that businesses get from compliance. It’s one of the few pieces of legislation that have come along in the last decade that really benefit the customer.
“If you align to DORA, the outcomes you get are very pivotal to business operations and resilience.”
View the webinar to find out more about DORA, the timelines for implementation of the act and how businesses can prepare to ensure they are compliant with the regulations.
