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Preparation Continues for the Digital Operational Resilience Act

Fusion Risk Management

Increasingly, financial services supervisory authorities are seeking to ensure that the third parties that are supporting a firm’s important business services meet all resilience requirements. Risk Management. To meet the DORA’s standards, firms must update their technology risk management governance.

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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.