What is the Digital Operational Resilience Act (DORA)?
What is the Digital Operational Resilience Act (DORA)? Share this article: What is DORA? The Digital Operational Resilience Act (DORA) is a European Union (EU) regulation enacted by the European Council to set technical standards for financial institutions and ICT service providers, enhancing their cybersecurity and operational resilience. DORA has two primary goals: to thoroughly […]
What is PCI DSS?
What is PCI DSS? Share this article: Historical context In the 1990s and early 2000s, the rise of online shopping led to an increase in credit card fraud. Traditional businesses began selling their products and services online, which, while convenient for customers, introduced security vulnerabilities that cybercriminals exploited. To address these security issues the major […]
Cypriot CIFs Must Meet Looming Compliance Deadline
Menu Home About Us Services Blog Contact Us Cypriot CIFs Must Meet Looming Compliance Deadline Share this article: On 2 May 2023, Cyprus Securities and Exchange Commission (“CySEC”) issued Circular No. C571, announcing the adoption of the European Banking Authority (“EBA”) Guidelines on ICT and Security Risk Management (“Guidelines”) by integrating them into supervisory practices […]