The Digital Operations Resilience Act (DORA) is an EU regulation that comes into force in January 2025, but it also impacts UK companies. DORA’s remit will likely cover any UK financial firm that works with EU customers or does business with EU financial firms.

It’s been almost three years since President Biden issued Executive Order 14028, and while we’ve heard vendors talk about “compliance with EO 14028” for about that long, the reality is that industry hasn’t had anything to comply with—until now. On March 11, CISA published the Secure Software Development Attestation Form as part of its obligations under OMB memo M-22-18 and the successor OMB memo M-23-16.

The EU AI Act (the “AI Act”) is the world’s first comprehensive AI law. The Act lays down a harmonised legal framework for the development, supply, and use of AI products and services in the EU.

The construction of a more cyber resilient European Union (EU) took a remarkable step forward this past week as negotiators from the European Parliament and the European Council reached a provisional agreement on the proposed Cyber Solidarity Act. Proposed last year, the Cyber Solidarity Act is composed of three key pillars that seek to crack the daunting challenge of detecting, preparing for, and responding to cybersecurity threats and incidents that shake up the security sphere.

Earlier this week, we debuted our mini-series on the SEC’s new cybersecurity rules. In case you missed it — and, understandably, don’t have the bandwidth to backtrack — Part I explored how the (seemingly perpetual) explosion in data creation, data value, and IT complexity since the dawn of the digital age has come to shape our society. In particular, we note why these trends are responsible for our current IT predicament, namely, the rise in threats, risks, and regulations.

Navigating the complex and ever-changing compliance landscape is difficult for many companies and organizations. With many regulations, selecting the appropriate security tooling that aligns with the compliance needs of your business becomes a significant challenge.

As the Principal Threat Intelligence Services Engineer and Trainer at ThreatQuotient, my role puts me in front of a diverse range of clients and partners across various industries, offering me a unique perspective on the impact of regulatory frameworks on cybersecurity. Through our European Union (EU) based clients and partners, I have seen the emergence of the need to be compliant with the Digital Operational Resilience Act (DORA).

The European Union’s Artificial Intelligence Act emerged at the end of 2023 as a landmark law for the digital age and for the regulation of artificial intelligence. It is the world’s first comprehensive AI legislation to govern the ethical development and safe use of AI technologies. The “EU AI Act,” as it’s known, strives to impose a balanced framework as businesses automate manual tasks and deploy AI algorithms to drive efficiency and innovation.

India established a framework for protecting and processing personal data called the Digital Personal Data Protection Bill. After passing both houses of Parliament, this bill evolved into the Digital Personal Data Protection Act (DPDP) in 2023. This act creates a robust and comprehensive framework to protect sensitive information while supporting India's economic growth and digital transformation.

Get insights into the EU's Digital Operational Resilience Act (DORA) and its impact on cybersecurity compliance for financial sector companies and their critical contractors.