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Demetra Kalogerou: The DORA Regulation sets the framework for strengthening resilience – its success is up to the organisations

14:09 - 13 November 2024

Financial Services

"The DORA Regulation sets the framework to ensure the financial sector’s resilience and protect organisations," said Demetra Kalogerou, former Chairwoman of the Cyprus Securities and Exchange Commission.

In her opening speech at the Digital Operational Resilience Act (DORA) Conference, she outlined the current state of the financial sector, which is riddled by cybersecurity risks, making it critical for organisations to take action and make the right decisions and ensure compliance.

Hailing the significance of the DORA regulation, Kalogerou added that the Regulation may lay the groundwork, but it is up to the organisations themselves to ensure the ultimate goal is achieved; that is, to protect the system.

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