The frequency, sophistication, and impact of cyber-attacks on financial institutions have been rising. Given the economic system’s interconnected nature, disruptions in one institution can have cascading effects on the broader financial market, leading to systemic risks. Regulators have responded with increasingly stringent requirements. One of the most significant regulatory developments in this context is the European Union’s Digital Operational Resilience Act (DORA), which will come into force on January 17th, 2025. Dimitri Chichlo, CISO at … More →

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