Tag: Cybersecurity
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DORA – Status Quo 2025 – From the regulatory idea to implementation in practice
The Digital Operational Resilience Act (DORA) has been mandatory since January 2025. Banks, insurers, payment service providers, and FinTechs must demonstrate their resilience against IT disruptions and cyberattacks. While major players are making progress, many smaller institutions are still struggling…
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DORA – Digital Operational Resilience Act – EU Regulation on Digital Resilience in the Financial Sector
The Digital Operational Resilience Act (DORA) was proposed by the European Commission in September 2020 to strengthen the digital resilience of the financial sector. Banks, insurers, payment service providers and their IT service providers will in future have to comply…