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The Digital Operational Resilience Act (DORA) is a comprehensive regulation aimed at strengthening the resilience of financial entities within the European Union. As part of the EU's broader digital finance strategy, DORA mandates robust risk management practices across the financial ecosystem, ensuring entities can withstand, respond to, and recover from operational disruptions, especially those stemming from ICT (Information and Communication Technology) incidents.
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The Digital Operational Resilience Act (DORA) is a pivotal regulation for financial entities in the European Union, aiming to harmonize and fortify cybersecurity and operational resilience across the financial services sector. Published in December 2022 as Regulation (EU) 2022/2554, DORA will apply starting from January 17, 2025, enforcing stringent requirements on financial institutions and their IT providers to ensure robust digital operational resilience.
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The UK automobile finance sector faces significant regulatory changes with the Financial Conduct Authority's (FCA) ban on discretionary commission models, effective from January 28, 2021.....
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The Digital Operational Resilience Act (DORA) was published in the Official Journal of the EU on 27 December 2022 and entered into force on 16 January 2023. Financial entities in the European Union and their critical ICT providers must be ready to comply with DORA by 17 January 2025. Regulativ.ai can help you achieve this outcome rapidly, with minimum fuss, and at a reasonable cost.
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A ransomware attack can have significant implications for a regulated institution when considering compliance with FCA 21/3 in the UK or DORA in the EU and particularly for regulated SME’s who do not necessarily have staff solely devoted to compliance and reporting.
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As the digital landscape continues to evolve, so do the cybersecurity regulations governing it. Staying informed about the ever-changing regulatory landscape is vital for organizations to ensure compliance and protect their sensitive data. In response to this growing need, we are thrilled to announce the launch of our horizon scanning service for cybersecurity regulations. This innovative solution aims to keep businesses informed about upcoming regulations, enabling them to proactively adapt their security measures and stay ahead of potential compliance pitfalls.
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In today's fast-paced digital landscape, regulatory compliance is a paramount concern for businesses. With the legal requirement to comply with Digital Operational Resilience Act (DORA) in January 2025, organizations face significant new challenges in maintaining cyber operational resilience and compliance. To navigate this complex landscape and position your company for success, consider leveraging the capabilities of Regulativ.ai, a cutting-edge compliance platform. In this blog post, we'll explore how Regulativ.ai can empower your company to achieve compliance with DORA, ensuring operational resilience, risk management, and regulatory adherence.
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Regulativ.ai provide people/knowledge, process, and platform (including technology, data and intelligence) to deliver a powerful capability as a service proposition. A unique and innovative solution to enable best practices and deliver governance, risk management and compliance reporting. The Regulativ.ai solution is completely streamlined and delivered at a competitive cost.
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AI/ML-based platform will help regulated enterprises gain a deeper understanding of their cyber regulatory compliance risks and provide them with actionable reports to mitigate risks and ensure compliance.
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Cybersecurity compliance has turned into a strategic imperative for most enterprises. Learn the top frameworks and ways to build your cyber security strategy, as Sanjay Bajaj and Mark Weston share the details.
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