When the EU's Digital Operational Resilience Act (DORA) becomes enforceable by January 2025, the impact on European financial institutions and their ICT service providers will be doubly hefty. Not only do organizations have to comply with the complex security requirements presented in DORA's over 400 pages of legal-style documentation. But also, organizational management leaders will be expected to take an active role in cybersecurity governance and, should they underperform, be held personally liable.
To support our customers in financial services, Schuberg Philis has developed the DORA Control Framework, a blueprint for achieving optimum sustainable digital resilience.