Financial services is among the most highly regulated of any industry – and justifiably so. As critical infrastructure, the sector provides services which, if interrupted or destabilized, could have a catastrophic impact on economic and national security. Increasingly, these regulations mandate not only cyber-resilience (eg the EU’s DORA) but also digital sovereignty – which includes the idea that wherever data is collected or stored, it should be subject to local laws.

The post How Financial Institutions Can Manage Mounting Digital Sovereignty Requirements appeared first on Security Boulevard.

Michael Jaiyeola

Source: Security Boulevard
Source Link: https://securityboulevard.com/2024/08/how-financial-institutions-can-manage-mounting-digital-sovereignty-requirements/