-
With Digital Operational Resilience Act, Europe Eyes Harmonised IT Rules
Add to favorites A “single EU Hub for key ICT-associated incident reporting by fiscal entities”, any one? A sprawling Electronic Finance Deal, adopted by the European Commission this week, involves proposals for a new Europe-extensive Electronic Operational Resilience Act (DORA) — that would see regulators tighten up fiscal providers sector IT incident reporting in a bid to cut down cybersecurity and operational dangers which includes by way of a standardised strategy to checking, logging, and classifying “ICT-related” incidents, EU-extensive. The Commission is even, it admits, considering creating a “single EU Hub for key ICT-associated incident reporting by fiscal entities”, and has requested a feasibility report on deploying this. It is…
-
How CFOs Can Push Past Fear to Resilience and Resurgence
As COVID-19 took hold of the global economic system, most CFOs went straight into crisis administration mode. The focus was vigilant monitoring of cash balances and running several scenario ideas to make sure satisfactory liquidity in the quick expression. Now, a several months into the pandemic and resulting economic uncertainty, it’s time to start shifting our concentration past fear and reactive cash-conservation tactics to resilience and, inevitably, to resurgence. Below are 7 measures to help you and your business make the changeover. Maintain your gross margins. Despite the fact that it can be tempting to slice charges to reach volume, protecting your gross margins will be essential for the very long-expression potential customers of your business. Manage tight pricing controls and sacrifice volume for margin where it would make sense. Enterprise volume will return margins may possibly not if you slice…
-
Could WORM Help Build Local Gov’t Resilience to Ransomware?
Add to favorites “Object storage solutions equipped with a new “Object Lock” feature have made WORM technology more accessible for local governments.” Ransomware attacks have increased considerably in recent years, creating an ever-present threat for both private and public UK organisations – regardless of size or sector, writes Neil Stobart, VP Global System Engineering, Cloudian. A recent study found that both the number of ransomware attacks and the percentage of attacks resulting in payment have increased every year since 2017, while another predicts that global ransomware damage costs will reach $20 billion by the end of 2021. With traditional data protection strategies such as snapshots and backups typically stored on file…