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ARTICLE · 11 MAY 2024

Proportionality Is Vital For A Regulation Of This Nature

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The EU's Digital Operational Resilience Act (DORA), which will become applicable on January 17, 2025, represents a significant milestone in the EU's efforts to strengthen the cybersecurity...

MaltaTechnology
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DORA represents a significant milestone in the EU's efforts to strengthen the cybersecurity and operational resilience of financial entities.

The EU's Digital Operational Resilience Act (DORA), which will become applicable on January 17, 2025, represents a significant milestone in the EU's efforts to strengthen the cybersecurity and operational resilience of financial entities. "Although DORA stands to enhance cybersecurity for financial entities, primary concerns include the lack of ICT knowledge, expertise and culture of certain financial entities, as well as the potential compliance burden imposed on smaller firms with limited resources," explains Dr Beppe Sammut, Senior Associate at Ganado Advocates.

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