Navigating the DORA Deadline: Why Integrated Risk Management is Critical

Operational Risk ManagementIRM
Written By Ori Wellington

The clock is ticking for financial institutions and ICT suppliers as the EU’s Digital Operational Resilience Act (DORA) prepares to take effect on January 17, 2025. This ambitious regulatory framework aims to bolster the financial sector's resilience against cyber disruptions, mandating a series of stringent requirements on operational monitoring, incident reporting, and third-party risk management. Yet, the urgency of compliance efforts has uncovered a glaring challenge: organizations without Integrated Risk Management (IRM) systems risk falling short of these critical obligations.

Ori Wellington

Orion "Ori" Wellington is an integral part of the Wheelhouse Advisors team, bringing extensive expertise in risk management and technology. With a background that includes roles such as Risk Analyst, Information Security Specialist, and IT Project Manager, Ori contributes to helping organizations navigate complex risk and technology challenges.

At Wheelhouse Advisors, Ori focuses on supporting clients in the ever-changing landscape of risk management. This well-rounded experience enhances the success of both clients and the company. Committed to continuous learning, Ori is a valued member of the Wheelhouse Advisors team.

https://wheelhouseadvisors.com
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