Third-Party Risk Management
The Digital Operational Resilience Act (DORA) represents a pivotal regulation established by the European Union (EU) to bolster the digital operational robustness and cybersecurity of financial institutions. With the compliance deadline rapidly approaching, financial entities must gain a comprehensive understanding of the scope, requirements, and
The impending threat of software supply chain attacks has underscored vulnerabilities in modern computing, accentuating the crucial need for improved security practices in managing third-party risks and identity infrastructure. SecurityWeek's 2025 Supply Chain Security & Third-Party Risk Summit, slated for March 19, 2025, seeks to address these
The Digital Operational Resilience Act (DORA) is set to become a mandatory compliance requirement for various financial entities within the European Union as of January 17, 2025. This legislative development represents a significant step in fortifying the operational resilience of entities by ensuring stringent risk management protocols for
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
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,
Organizations today, despite appearing as independent entities, inherently depend on various other businesses to maintain operations. This mutual reliance is particularly prominent in the software supply chain, where applications and operating systems depend on shared components to enhance functionality. However, the very efficiency and