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SALZBURG GLOBAL FINANCE FORUM

Past Program

Nov 30 - Nov 30, 2021 Session 768

Enabling digitalization while enhancing security: opportunities and challenges in DORA

Online

14:00 - 15:00 CET

The digital transformation in the financial services industry and the increasing interaction and interconnection of traditional economic players and technology firms offer great potential for efficient financial markets if the risks presented by digitalization are properly addressed. In order to address the digital operational resilience needs of all financial entities and establish an oversight framework for critical ICT third-party providers (CCTPs), the European Commission proposed a Digital Operational Resilience Act (DORA). Which implications will it have for the industry?

Harnessing the Salzburg Global Finance Forum’s cross-border networks and thought leadership, this webinar examined the critical role of the digital operational resilience in the financial sector post-pandemic, explored DORA challenges and opportunities for sector’s players and regulators and discussed remaining gaps and measures needed to enhance data security and cyber-resilience.