Financial Services category powered by

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

"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.

Read More

Attica Bank's main shareholder wants Constantinos Herodotou as bank's Board Chairman
Interest rates continued to rise in December 2024, CBC says
Hellenic Bank announces new reduction in reference interest rate for loans linked to the ECB's base rate
Future forecasting: How Cyprus is becoming a focal point for fintech innovation
Ioannis Georgoulas: "I anticipate that the EMI market will consolidate much sooner than expected"
CySEC seeks views on the introduction of ICT oversight fees for entities covered by DORA
Central Bank of Cyprus sets reference interest rate at 11.50%
Cyprus Compliance Association and CFA Society Cyprus enter strategic partnership
Banking sector reports strong loan growth and nearly €1 billion deposit surge
Caius Capital LLP reduces its stake in Bank of Cyprus to below 5%