To comply with the EU Digital Operational Resilience Act (DORA) and specific U.S. regulations on operational resilience, firms must go beyond monitoring and oversight of our critical third parties. Today’s risk management approach includes treating fourth parties and subcontractors with the same lens.
Kelly Feili, DTCC Director, Risk Policy and Advocacy and Tausif Khan, DTCC Director, Third-Party Risk and Reporting sat down to discuss the evolving landscape and how DTCC has approached the heightened focus to combat the threat of cyber-attacks.
Related: Looking at the Financial Industry's Cyber Struggles