Nearly half of UK financial businesses not ready for a date with DORA

The EU's Digital Operational Resilience Act (DORA) comes into force tomorrow (Jan 17th) but new research shows that 43 percent of the UK's financial organizations are set to miss the deadline for compliance, with 20 percent expecting to do so by at least four months. Although the UK is outside the EU its strong financial ties with Europe mean firms operating in or interacting with EU markets will need to align with DORA standards to continue their business relationships. The research from Orange Cyberdefense, based on a Censuswide survey of 200 UK CISOs and senior security decision-makers, shows 88 percent… [Continue Reading]