EU’s DORA: Strengthening Digital Resilience in Financial Sector

Data Governance

EU’s DORA: Strengthening Digital Resilience in Financial Sector

The EU Digital Operational Resilience Act (DORA) marks a significant stride toward fortifying digital operational resilience within the European financial sector. Officially applicable from today across the EU Single Market, DORA is the culmination of over four years of diligent efforts since its initial announcement as part of the EU Commission's

Is GoDaddy Doing Enough to Protect Its Customers’ Data?

Data Governance

Is GoDaddy Doing Enough to Protect Its Customers’ Data?

The U.S. Federal Trade Commission (FTC) has mandated GoDaddy Inc., a prominent web hosting provider, to enhance its security measures following a prolonged history of data breaches. This directive stems from a complaint filed by the FTC, which accuses GoDaddy of neglecting to apply adequate security measures to protect its website-hosting

How Will McGill’s DGR Project Transform Global Data Governance?

Data Governance

How Will McGill’s DGR Project Transform Global Data Governance?

The McGill-led Human Cell Atlas’s Data Governance Resource (DGR) project recently received a substantial funding boost of $558,424 USD from the Leona M. and Harry B. Helmsley Charitable Trust, signaling a major step towards better global data governance. The financial support aims to foster the development of essential tools and analyze emerging

Why Must Financial Institutions Act Now to Comply with DORA?

Data Governance

Why Must Financial Institutions Act Now to Comply with DORA?

Why Must Financial Institutions Act Now to Comply with DORA? The digital transformation of the financial sector is not only inevitable but well underway. As institutions adapt to evolving technologies, ensuring operational resilience is now front and center. The Digital Operational Resilience Act (DORA), which takes effect from January 17,

IBM AWS Hackathon: Transforming Industries with Generative AI Solutions

Data Governance

IBM AWS Hackathon: Transforming Industries with Generative AI Solutions

The IBM AWS GenAI Hackathon brought together eight client teams alongside representatives from IBM and AWS. This collaboration aimed to develop generative AI prototypes to tackle a variety of real-world business challenges across several industries, including public sector, financial services, energy, healthcare, and more. The initiative spanned

How Can RegTech Transform Compliance and Risk Management for Businesses?

Data Governance

How Can RegTech Transform Compliance and Risk Management for Businesses?

The proliferation and increasing complexity of regulatory requirements have ushered in a significant surge in compliance costs for businesses, particularly those in highly regulated sectors such as finance and healthcare. Navigating these regulations traditionally requires significant investments in human resources, compliance expertise, and

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