Remove Account Manager Remove Gap Analysis Remove Management Remove Risk Management
article thumbnail

Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

The old way of managing risk and resilience programs is no longer effective or efficient, and regulators have taken note. Risk Management. To meet the DORA’s standards, firms must update their technology risk management governance. Supply Chain Management and Third-Party Risk.

article thumbnail

The Digital Operational Resilience Act is Finalized – Now is the Time to Act

Fusion Risk Management

The regulation is intended to make compliance obligations less confusing and provide greater security for consumers by creating unified standards for third-party risk monitoring, performance, and auditing. . The DORA is landmark legislation that is the first of its kind that focuses on how regulated entities manage their ICT risk.