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Cyber incident response and compliance with DORA

Network cables are plugged in a server room.
Photo: Michael Bocchieri/Getty Images

A consideration of the expectations and processes to follow should an in-scope entity, (including banks, assets managers, and insurers), suffer a cyberattack.

Following the current global theme of increased cyber resilience requirements, Regulation (EU) 2022/2554 on digital operational resilience for the financial sector (DORA) introduces a harmonized framework to ensure that financial entities and their ICT providers operating in the European Union (including banks, asset managers, and insurers) can withstand, respond to, and