Company
Date Published
Author
Milan Steskal
Word count
1027
Language
American English
Hacker News points
None

Summary

The Digital Operational Resilience Act (DORA) is a critical regulation for financial institutions in the EU, aimed at ensuring operational resilience and protection against cyber threats. Dynatrace suggests that its unified observability and security capabilities can automate up to 80% of the technical tasks required for DORA compliance, significantly reducing time, personnel, and associated costs, while enhancing accuracy and minimizing non-compliance risks. By leveraging Dynatrace, organizations can continuously monitor IT environments, proactively manage incidents, and maintain compliance efficiently, freeing resources for core business activities. This automation is estimated to reduce compliance effort by 50-70%, offering a strategic advantage by improving operational resilience and integrating with other compliance frameworks like NIS2 and PS21/3. Dynatrace provides real-time insights and prioritizes risk management, helping financial institutions maintain a comprehensive compliance strategy, ultimately leading to substantial cost savings and operational efficiencies.