Ready for DORA? Why companies should act now
Financial companies and their information and communication technology service providers should have the Digital Operational Resilience Act (DORA) on their radar. The EU regulation has been in force since January 2023 and will apply two years later – i.e. from January 17, 2025. This means there is not much time left for implementation.
connect professional provides an overview of the Digital Operational Resilience Act as part of the webinar theme day. With a few exceptions, almost all supervised institutions and companies in the European financial sector are subject to it. The EU regulation also brings together various requirements for institutions and companies in terms of cyber security, ICT risks and digital operational resilience. In particular, the DORA also addresses the ICT third-party service providers commissioned by financial companies.