How incoming regulatory requirements drive the need for compliance

Operational resilience is a top priority for regulators and financial institutions globally, with cybersecurity threats rising. Financial services now account for 12% of all cyberattacks, up from 4% in 2019.
This report examines the evolving regulatory landscape, including:
· The Digital Operational Resilience Act (DORA) in Europe
· SEC and CFTC proposals in the US
· Requirements from the UK's FCA, Singapore's MAS, and others
Key best practices include:
· Regular resilience reviews
· Multiple data protection layers
· Enhanced attack detection
· Quick recovery focus
Read this report to understand how financial institutions must prepare for the regulatory push toward resilience and cyber protection.