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New regulation intensifies focus on IT risk management and operational resilience

CIO Business Intelligence

A comprehensive regulatory reach DORA addresses a broad range of ICT risks, including incident response, resilience testing, third-party risk management, and information sharing. When DORA becomes effective on January 17, 2025, non-compliance with DORA will trigger severe administrative and criminal penalties.

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Data Scalability Raises Considerable Risk Management Concerns

Smart Data Collective

A report by China’s International Data Corporation showed that global data would rise to 175 Zettabyte by 2025. The Relationship between Big Data and Risk Management. While the sophisticated Internet of Things can positively impact your business, it also carries a significant risk of data misuse.

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What the Digital Operational Resilience Act means for you

CIO Business Intelligence

This piece of legislation in the European Union (EU) requires companies to be compliant by January 2025, meaning businesses have just under one year to ensure they’re prepared. Reporting of major ICT-related incidents : Regulation defines how organizations will need to classify and report ICT-related security incidents moving forward.

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The EU’s Corporate Sustainability Reporting Directive explained

IBM Big Data Hub

The Corporate Sustainability Reporting Directive (CSRD) reached a provisional political agreement in June 2022, signaling it will take effect in January 2024 for all relevant companies. This move aims to achieve more complete and transparent sustainability reporting across the region. CSRD on track to enter into force in 2024.

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Navigating the Digital Operational Resilience Act

Cloudera

In the financial sector, regulations are essential for financial institutions to maintain stability by preventing excessive risk-taking, ensuring adequate capitalization and reducing the likelihood of failures or financial crises. What is DORA?

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IRM Remains Gartner Top Emerging Tech Topic in 2021

John Wheeler

These challenges continue to drive Gartner client demand and inquiry for integrated risk management (IRM) products and services. In response to this significant client interest, I recently authored and published the research report – Integrated Risk Management (IRM): Market Opportunities to Rebound and Grow in 2021.

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Personal liability: A new trend in cybersecurity compliance?

CIO Business Intelligence

Regulators began fully enforcing NIS 2 in October 2024, and DORA does not take full effect until January 2025. How steep are personal compliance penalties? NIS 2 and DORA are quite new.