Digital Operational Resilience Act (DORA)

[Caute_cautim]

Hi All

This will have far reaching impact and reach rather like GDPR:

The Digital Operational Resilience Act (DORA) is a EU regulation that entered into force on 16 January 2023 and will apply as of 17 January 2025.

It aims at strengthening the IT security of financial entities such as banks, insurance companies and investment firms and making sure that the financial sector in Europe is able to stay resilient in the event of a severe operational disruption.

DORA brings harmonisation of the rules relating to operational resilience for the financial sector applying to 20 different types of financial entities and ICT third-party service providers.

https://www.eiopa.europa.eu/digital-operational-resilience-act-dora_en

Regards

Caute_Cautim

[Kyaw_Myo_Oo]

Thanks for sharing @Caute_cautim.