Financial Institutions are in the Top 2 Industries for Cyberattacks
Financial services institutions face more pressure than ever to level up their data security strategies against daily escalating cyber threats. This sector is in the top two cyber hit-list industries, and 60 percent of global financial institutions with assets under $5 billion encountered ransomware attacks in 2022 alone.
To mitigate the impact of cyber threats and accelerate cyber resilience, financial services organisations will be required to implement the Digital Operational Resilience Act (DORA). Fines for non-compliance can go up to 2 percent of their total annual worldwide turnover.
Watch Richard Cassidy, Rubrik’s EMEA Field CISO, in this on-demand webinar to gain exclusive insights into the Digital Operational Resilience Act (DORA).
How Rubrik Can Assist With DORA
DORA is a European Union regulation designed to accelerate cyber resilience capabilities among financial services institutions. EU member states will need to abide by the law, which will require financial services organisations to improve their response to operational disruptions, such as cyberattacks.
Rubrik can help organisations align to the following core pillars of DORA:
ICT Risk Management
ICT-related Incident Reporting
Operational Resilience and testing
Third Party Risk Management
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Why DORA Makes Operational Resilience a Priority For Financial Services Organisations?
Join Richard Cassidy, Rubrik’s EMEA Field CISO, for exclusive insights into the Digital Operational Resilience Act (DORA). This new regulatory framework, designed to strengthen the EU's financial sector against operational disruptions and cyber-attacks, will come into effect soon!
Data Security Talks
Explore the most pressing European data regulations at Data Security Talks with industry experts and understand the fundamental forces pushing them forward.
The Digital Operational Resilience ACt (DORA) & Rubrik
How Rubrik can help financial organisations align with the European Union's latest standards for operational resilience.