IT’S THE LAW (01/24/2023)

Meet DORA, the EU’s newly enacted Digital Operational Resilience Act, which is designed to strengthen IT security in the financial sector. It will be de rigueur for financial institutions; including banks, credit providers, securities and trading companies, and information and communication technology (ICT) organizations. DORA comes into full force in 2025, by which time companies and organizations should be compliant.