Source: www.upguard.com
What is the Digital Operational Resilience Act (DORA)? | UpGuardCategory: Software, Business, Security, Data
Learn about new features, changes, and improvements to UpGuard: The Digital Operations Resilience Act (DORA) is the European Union’s attempt to streamline the third-party risk management process across financial institutions. DORA aims to replace multiple ICT risk management frameworks, with a single unified approach for mitigating all ICT-related incidents in Europe's financial industry.
The gathered data will reveal any common vulnerability trends across the financial sector to support the further optimization of ICT resilience and security.
To support the timely submission of such reports, financial entities will need to implement reliable early warning indicators of ICT disruptions.
2022 is fast approaching and financial entities within the scope of the European Commission need to start preparing for DORA's risk management requirements now.
The gathered data will reveal any common vulnerability trends across the financial sector to support the further optimization of ICT resilience and security.
To support the timely submission of such reports, financial entities will need to implement reliable early warning indicators of ICT disruptions.
2022 is fast approaching and financial entities within the scope of the European Commission need to start preparing for DORA's risk management requirements now.
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