Tag: DORA

The landscape of financial crime compliance is rapidly transforming. Amidst political upheavals and technological advancements, the cost of compliance has become an integral part...

The Digital Operational Resilience Act (DORA), which took effect on January 16, 2023, is a crucial piece of legislation designed to bolster the digital resilience of the financial sector.

The Digital Operational Resilience Act (DORA) is set to redefine operational standards for financial entities across the EU.

The DORA is a EU regulation that entered into force on 16 January 2023 and is currently set to apply as of 17 January 2025.

The concept of third-party risk management is hardly a fledgling idea. However, as the world becomes ever-more digitised, cybersecurity threats are now looming larger than ever before. According to research from Soha Systems, more than 60% of data breaches can be traced back to third-party vendors. This means that an effective third-party risk management strategy is not just a luxury anymore - it is a necessity.

In the ever-evolving world of financial services, the integration and management of diverse financial data stand as a cornerstone for innovation and customer satisfaction.

Key German FinTech investment stats in 2023: • German FinTech investment totalled at $911m in 2023, a 74% drop YoY • German FinTech deal activity totalled...

Key German FinTech investment stats in 2023: • German FinTech investment totalled at $911m in 2023, a 74% drop YoY • German FinTech deal activity totalled...

In a recent post by Novatus Global, the firm took a deep dive into DORA legislation and the role it will help play in...

SecurityScorecard's latest research, centred on the looming Digital Operational Resilience Act (DORA) compliance deadline of January 2025, reveals a disturbing level of third-party and fourth-party cybersecurity breaches among Europe's largest financial institutions.