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Understanding DORA: How to operationalize digital resilience

everbridge

Aligned with existing regulations like NIS2 in the EU and the Bank of England Operational Resilience Regulation in the United Kingdom, DORA offers organizations the chance to leverage existing capabilities to meet the new requirements effectively. Compliance with DORA requires increased documentation to demonstrate adherence.

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What Does a Compliance Management System Look Like?

Reciprocity

In banking, for example, the FDIC, the Office of the Comptroller of the Currency (OCC), or the Consumer Financial Protection Bureau (CFPB) are stringent regulators that can impose high fines for compliance issues. In June 2020, the OCC warned banks about compliance risks related to the COVID-19 pandemic. Senior Management.