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New regulation intensifies focus on IT risk management and operational resilience

CIO Business Intelligence

A comprehensive regulatory reach DORA addresses a broad range of ICT risks, including incident response, resilience testing, third-party risk management, and information sharing. When DORA becomes effective on January 17, 2025, non-compliance with DORA will trigger severe administrative and criminal penalties.

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What the Digital Operational Resilience Act means for you

CIO Business Intelligence

This piece of legislation in the European Union (EU) requires companies to be compliant by January 2025, meaning businesses have just under one year to ensure they’re prepared. Reporting of major ICT-related incidents : Regulation defines how organizations will need to classify and report ICT-related security incidents moving forward.

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IRM Remains Gartner Top Emerging Tech Topic in 2021

John Wheeler

These challenges continue to drive Gartner client demand and inquiry for integrated risk management (IRM) products and services. In response to this significant client interest, I recently authored and published the research report – Integrated Risk Management (IRM): Market Opportunities to Rebound and Grow in 2021.

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Sustainable IT: A crisis needing leadership and change

CIO Business Intelligence

As technology innovators, we all must take responsibility and develop strategies to impact meaningful change. billion by 2025 , it’s critical that we understand the environmental consequences caused by big tech. By 2025, Enterprise IT will have the equivalent carbon footprint of 463 million passenger vehicles driven for one year.

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Sharing Responsibility for Data Security in the Cloud

CIO Business Intelligence

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. Outsourcing IT operations has become a smart business strategy. Include the enterprise risk management team.

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Understanding the security shared responsibility model in an as-a-service world

CIO Business Intelligence

As organizations shape the contours of a secure edge-to-cloud strategy, it’s important to align with partners that prioritize both cybersecurity and risk management, with clear boundaries of shared responsibility. Outsourcing IT operations has become a smart business strategy. Include the enterprise risk management team.

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Applying cyber resilience to DORA solutions

IBM Big Data Hub

The Digital Operational Resilience Act , or DORA, is a European Union (EU) regulation that created a binding, comprehensive information and communication technology (ICT) risk-management framework for the EU financial sector. DORA applies to all financial institutions in the EU. In the U.S.,