Third-Party Risk Management
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
The recent cybersecurity breach at Evansville Vanderburgh School Corporation (EVSC) has raised significant concerns among students, employees, and their families. This breach, facilitated through a vulnerability in the software vendor PowerSchool, has exposed a wide range of personal and sensitive information. As the investigation continues,
Artificial intelligence (AI) is set to play a pivotal role in revolutionizing healthcare by 2025. Industry thought leaders from Wolters Kluwer Health, along with other experts, have provided substantial insights into the anticipated trajectory of AI in healthcare, shedding light on key themes and projected developments. With incremental