The EU’s Digital Operational Resilience Act (DORA) establishes a unified regulatory framework to ensure financial institutions can withstand and recover from IT disruptions. As a cornerstone of operational resilience, secure and compliant database environments are critical to safeguarding sensitive financial data and maintaining regulatory alignment.

Cybercriminals don’t need to be sophisticated. They just need the opportunity—and in Ireland, there’s still too much low-hanging fruit. Many of the vulnerabilities being exploited across Irish networks today aren’t new. They’re years old. Attackers are taking advantage of outdated systems that haven’t been patched, relying on free, off-the-shelf tools to scan for weaknesses—and finding them far too easily. This isn’t a theoretical risk.

Fintech and banking ranked among the top three most targeted industries in 2024, according to the CISO’s guide to DevOps threats. Real-world incidents underscore this trend: Byte Federal, the leading Bitcoin ATM operator in the U.S., suffered a breach linked to a GitLab vulnerability. Meanwhile, financial software provider Iress and crypto wallet company Ginco were both targeted by threat actors exploiting GitHub repositories. Source: 2024 DevOps Threats Unwrapped.

In the first blog of our two-part incident response series, we explained how your organization can jump-start its incident response. In this second part, we’ll focus on the essential elements of an incident response plan—a critical factor for any company trying to recover from an incident quickly and confidently.