„The introduction of new regulations in the European Union is pushing organizations to prioritize cybersecurity. The Digital Operational Resilience Act (DORA) requires financial services firms to enhance their IT systems to withstand cyberattacks and disruptions. Non-compliance can result in significant fines, urging firms to ramp up security measures.
However, the level of compliance among financial institutions varies, with some surpassing the baseline requirements set by DORA. Challenges in interpreting and implementing the regulations have led to increased scrutiny and diligence in security practices.
Financial institutions in the UK are also facing compliance challenges with DORA, despite the country’s exit from the EU. The complex digital ecosystem and reliance on third-party IT providers pose obstacles in meeting regulatory standards.
IT suppliers are also at risk of penalties under DORA, incentivizing them to prioritize compliance and operational resilience. There is a possibility that financial firms may bring security functions in-house to simplify compliance and reduce risks.
In addition to DORA, organizations must navigate other cybersecurity regulations like the Network and Information Security Directive 2 and the Cyber Resilient Act. This transition period will require adjustments to meet the evolving regulatory landscape.” „To jest początek długiej drogi ku poprawie bezpieczeństwa i odporności oprogramowania.” #bezpieczeństwo #oprogramowanie #bezpieczeństwo_informacji
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