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About Regulation of The European Parliament and The Council-DORA
This document provides an overview and analysis of the Regulation on Digital Operational Resilience for the Financial Sector (DORA). The following key points are discussed: - DORA was adopted in November 2022 to strengthen cyber resilience in the financial sector in response to rising cyber threats. It creates new requirements for financial entities. - DORA applies broadly to financial entities across the EU and also includes newer financial technology firms. It follows a risk-based and proportional approach tailored to entities' risk profiles. - Key provisions of DORA include strengthened requirements for information and communication technology risk management, incident reporting, and penetration testing. It also regulates oversight of critical third-party service providers.
Detailed Information
| Author: | ['Piedmond'] |
|---|---|
| Publication Year: | 2024 |
| Pages: | 12 |
| Language: | English |
| Format: | |
| Price: | FREE |
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