In January 2023, the EU Digital Operational Resilience Act (DORA) was enacted by the EU. Financial institutions and their third-party ICT providers have until the end of 2024 to achieve full compliance with this formidable legislation.
DORA creates uniformity throughout the single market in relation to regulatory measures to ensure ICT resilience in the financial sector. It also aims to:
In this white paper, we examine the background of DORA. We also outline the areas identified as the five pillars of DORA by leading financial consultancies. Finally, we describe the features in FileCloud’s hyper-secure enterprise file-sharing and sync (EFSS) solution that can assist organizations as they implement measures to secure their DORA readiness by the end of 2024.
To discover the five pillars of DORA, as well as the aspects of these pillars that FileCloud can help organizations adhere to seamlessly, download our white paper.
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