Council Post: Strengthening Cybersecurity In Finance: A Look At EU DORA Regulations

📆 24/08/2023 22.58.00
📰 ForbesTech

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Full compliance with DORA is required before January 17, 2025.

In summary, most organizations will need to:

1. Validate that the previous operational resilience requirements have been achieved, starting with clear definitions and mapping of the most critical business services.3. Perform an assessment of third-party contracts to ensure they are aligned with risk and resilience impact data. 4. Prepare documentation that demonstrates overall operational and digital operational resilience capabilities.

Some organizations will require significant actions to support the basic operational resilience expectations, with new DORA requirements extending implementation to include all five service areas.

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