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By Olivier RIEHL, Partner Admir PEZO, Assistant Manager, Partnrs Risk Regulatory
To offer best possible service, financial institutions rely heavily on ICT systems and are becoming gradually more and more dependent on technology. Without access to critical infrastructure and data, some entities would not be able to conduct business at all, while for plenty of others it would be nearly impossible.
The Digital Operational Resilience Act (DORA) comes as the answer to accelerating evolution of cyber-threat landscape. Its aim is to emphasize the reality and presence of cyber risks and ensure financial institutions remain strong and secure. And although DORA deals with concepts such as compliance, cyber-threats and ICT security,...
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