Financial Services category powered by

Demetra Kalogerou: The DORA Regulation sets the framework for strengthening resilience – its success is up to the organisations

14:09 - 13 November 2024

Financial Services

"The DORA Regulation sets the framework to ensure the financial sector’s resilience and protect organisations," said Demetra Kalogerou, former Chairwoman of the Cyprus Securities and Exchange Commission.

In her opening speech at the Digital Operational Resilience Act (DORA) Conference, she outlined the current state of the financial sector, which is riddled by cybersecurity risks, making it critical for organisations to take action and make the right decisions and ensure compliance.

Hailing the significance of the DORA regulation, Kalogerou added that the Regulation may lay the groundwork, but it is up to the organisations themselves to ensure the ultimate goal is achieved; that is, to protect the system.

News Feed

Read More

S&P Global Ratings upgrades credit ratings of Freedom24 and other Freedom Holding Corp. units
The magic of fintech was on display in Limassol at CFS 2024
Plenary rejects bank windfall tax proposal following tie in MP votes
CBC urges payment service providers to keep new instant payments regulation deadlines in mind
Cyprus banks ready to adjust interest rates immediately after ECB reduces base rate, association says
Record levels of customer adoption for Revolut Business in Cyprus
CBC calls for tenders for SWIFT system management, maintenance and support
Freedom Holding Corp. is a General Partner of 2024 FIDE World Rapid & Blitz Championships
The banking sector’s growth trajectory and how AKEL is trying to stop it
Central Bank Governor opposes taxation of banks’ windfall profits - "It discourages foreign investments"