So, how is regulation enabling trust in cyber security?
Regulation and ethical guidelines contribute not only to prevention, but also to developing resilience and maintaining accountable relationships between users, institutions, and stakeholders. The Europe's Cybersecurity Strategy offers an illustrative roadmap for harmonizing the legal framework in the digital economy, notably with the Digital Operational Resilience Act (DORA).
The DORA act, which safeguards the financial services sector, promotes an environment of shared knowledge and coordinated reaction to cyber security incidents, it uses transparency as a key tool to reinforce a collective and efficient resilience.
Compliance is more than a tick box exercise; it's crucial for the digital market's future.