From the course: DORA Requirements and AI Security: From Compliance to Threat Intelligence
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Security and compliance
From the course: DORA Requirements and AI Security: From Compliance to Threat Intelligence
Security and compliance
- [Presenter] Financial entities are required to continuously monitor and control the security and functioning of their ICT systems. The standard for financial sector security in the EU was issued prior to DORA in 2016 and was limited to credit institutions, trading venues, and central counterparts. Subsequently, in 2024, the NIS2 directive was issued, which applied generally across the EU and replaced the original directive and provides the wider coverage across the financial sector that DORA needs. While NIS2 underpins, the security required by DORA, DORA, which was also issued in 2024, introduces a greater focus on resilience. The main focus for DORA is resilience and continuity of service. To achieve this requires that the financial entity maintains a high standard of availability, authenticity, integrity, and confidentiality of data. This applies whether the data is at rest, in use, or in transit. The cybersecurity required by DORA is pretty much that set out in NIS2. Let's take…
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