Compliance with NIS2, which came into force in October 2024, has had a significant impact on resource constraints and skills gaps, according to a study by software company Veeam, which found that 95% of companies affected by NIS2 had to divert money to other businesses. places to pay NIS2 compliance fees.
As for DORA, its scope includes organizations that may be new to this level of regulation, said Andrew Rose, CSO at SoSafe.
“Unregulated entities, such as credit rating agencies and certain types of non-exempt loans, factoring, and mini-bonds, as well as those associated with new financial models, such as crypto exchanges and peer-to-peer lending platforms, fall within the scope of DORA,” pointing at Rose. “For them, these requirements would mandate a new level of regulation, as well as formal oversight, requiring spending on both solutions and personnel.”
Source link