Tough new EU cyber rules require banks to ramp up security — but many aren’t ready

Tough new EU cyber rules require banks to ramp up security — but many aren’t ready

Traffic_analyzer | Digitalvision Vectors | Getty Images Tough new European Union regulations requiring banks to bolster their cybersecurity systems officially come into effect Friday — but many of the bloc’s financial services firms aren’t yet in full compliance with the rules. The EU’s Digital Operational Resilience Act, or DORA, requires both financial services firms and…

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