The EU’s Digital Operational Resilience Act (DORA) sets new standards for financial services, emphasizing digital resilience and oversight of third-party ICT dependencies. As banking increasingly relies on digital channels, DORA mandates robust incident management, risk assessments, and compliance measures to ensure reliable, secure services across interconnected digital ecosystems.
As experts are now also warning of possible further risks as criminals seek to exploit the IT issues, I am commenting about key steps to be taken strategically to ensure that this situation and 'harm' does not impact the customers in future, such that trust is restored longer term.
The recent CrowdStrike outage has caused global IT disruptions, impacting businesses and raising serious concerns about cybersecurity and disaster recovery.
In this final episode, we pull all the previous four themes together. We consider that a 'data business' is today. And how enterprises can begin on their journey to becoming more data-centric.
The impact of the cloud and today's hybrid approach to data and network management, together with transforming business processes and a dispersed workforce, has meant a new approach to data resilience and security is needed.
What are the essential components of a data-focused toolset? Many data tools are available, but what benefits, insights and value can choose the right tools to bring to an enterprise as they transform into data businesses?
Welcome to this second podcast in the series: The Data Dilemma: How to Become a Data Centric Enterprise from Quest Software.