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The conversations and debates within the cyber community have evolved from cybersecurity to cyber resilience. Many experts are embracing cyber resilience as the new way to approach cyber threats and attacks.
The EU has taken the lead in this shift towards cyber resilience. It has introduced the Digital Operational Resilience Act (DORA), which is the first regulation to embrace the concept of cyber resilience.
The Digital Operational Resilience Act requires that every European financial institution, market infrastructure provider, and other regulated entities must implement cyber resilience measures. These entities must ensure a satisfactory level of cyber resilience, effective incident reporting, and a comprehensive testing framework. The DORA approach recognizes that cyber attacks are not a problem that can be solved permanently, but a risk that can be managed ongoingly.
The shift from cybersecurity to cyber resilience emphasizes the importance of managing cyber risk ongoingly. The EU’s introduction of the Digital Operational Resilience Act sets the standard, requiring regulated entities to implement cyber resilience measures. The DORA approach recognizes that cyber attacks are inevitable and cannot be solved permanently. Instead, cyber resilience measures must be continuously managed and tested to ensure the appropriate level of protection.Original Article: https://www.infosecurity-magazine.com/news/infosecurity-dora-financial-cyber/
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