Company
Date Published
Author
Kay Young
Word count
546
Language
American English
Hacker News points
None

Summary

The Digital Operational Resilience Act (DORA) is a European Union regulation that aims to enhance the IT security of financial institutions by mandating comprehensive cybersecurity practices and digital resilience measures. Effective from January 16, 2023, with full implementation by January 17, 2025, DORA focuses on areas such as ICT risk management, third-party risk, and operational resilience testing, requiring financial entities to report major ICT-related incidents. Dynatrace, an ICT provider, is proactively aligning its services to comply with DORA's rigorous requirements by leveraging its AI-driven observability platform to bolster cybersecurity and operational continuity. The company emphasizes collaboration with financial institutions, offering data-driven insights and engaging with various stakeholders to ensure compliance and resilience. With DORA's full implementation approaching and additional policy documents expected in July 2024, Dynatrace invites partners to engage in discussions to strengthen their collective preparedness.