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“DORA: how do we know when we’re compliant?”
“How do you decide whether compliance with DORA supersedes or is sufficient to ensure compliance with other regulations?”
“There is further uncertainty around enforcement, how compliance will be measured, and what the consequences of non-compliance are for financial services companies.”
“After all, DORA is implemented in the best interest of institutions and consumers, and organisations should embrace that intention.”
“James Johnston • Oct.”
“The difficulty, though, is that Java has been around for 30 years and has gone through many iterations.”
“March 2, 2025 • Peter Curk Read more » Risk management and fraud: How can AI help?”
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“In addition, participation in industry consortiums will enable access to shared resources and expertise, which will reduce individual compliance costs.”
“Things like: If a financial entity delivers a service to another financial services company, should it be treated as an ICT provider, and therefore fall under the requirements of DORA for third-party services?”
“Prior to joining Azul, James has held a number of leadership positions with Cloudera, Fujitsu and HPE.”
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“Although the regulation has begun to be embedded into broader resilience programmes, many struggle with the concrete reality of the mandate’s implementation months after the enforcement deadline.”
“Senior leadership teams will never really be able to say they have fully completed the implementation of their DORA strategies.”
“Sharing Options: Related: DORA and Cybersecurity: Strengthening Digital Resilience in Financial Services The Final Days Before MICA: How Can EU Crypto Projects Maximize Their Current Freedom?”
“As a result, there are different versions of the Java Development Kit (JDK) floating around and actively being used in Azul’s financial services industry customer’s IT systems.”
“Under DORA, the financial services institution or regulated entity has responsibility for compliance with DORA, so how do you ensure outsourced ICT providers are compliant?”
“A further 31% are on JDK 21 which will lose free support from Oracle in September next year.”
“Investment in automation and technology over time will also significantly reduce manual compliance burdens and improve the accuracy of monitoring and reporting.”