Cloud Security Regulations in Financial Services
As the financial sector continues to adopt cloud technology, regulatory frameworks such as the updated NIS2 Directive and the Digital Operational Resilience Act (DORA) are shaping the cybersecurity landscape. Every second counts in such a complex environment: attackers can move quickly in the cloud, so defenders must change their strategies and tools to keep up. The financial sector has always been a prime target for cyber attacks, with the average breach costing almost 6 million US dollars.