Designed to support the digital resiliency of financial institutions in the EU and UK, the Digital Operational Resilience Act is set to go in effect in January 2025. In this blog, we take a deep dive into what organizations must do in order to be compliant with this new legislation. Digital resiliency is one of the financial sector's most significant challenges today.
Since the onset of the pandemic in 2020, global concern for data security and privacy has skyrocketed like a dazzling display of fireworks on New Year’s Eve. With an ever-increasing number of people utilizing online services and sharing their personal information on websites to engage in e-commerce transactions, the infrastructure for collecting and safeguarding consumer data has become of paramount importance.
The content of this post is solely the responsibility of the author. AT&T does not adopt or endorse any of the views, positions, or information provided by the author in this article. Cyberattacks have become increasingly common, with organizations of all types and sizes being targeted. The consequences of a successful cyberattack can be devastating. As a result, cybersecurity has become a top priority for businesses of all sizes.
Those words were spoken by the US National Security Advisor way back in 2005, and it is remarkable to see how prescient they were. The economy is not only supported by the cyber world, but that world is entirely data driven. Data has become a primary focus, not just for regulatory fodder, but for business survival.