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Blog
DORA Regulation: Why It Matters and How the Financial Sector Is Preparing for It
In this blog, we highlight the key insights from the DigiChat podcast with Uroš Žust, a cybersecurity and financial sector regulation expert from Forvis Mazars Slovenia.
Podcast
DigiChat #05: How the New Regulation Is Transforming the Financial Sector – Uroš Žust
DORA is a European regulation aimed at ensuring that banks, insurance companies, and other financial institutions remain secure and resilient even in the event of cyberattacks or technical outages. Nataša Centa and Uroš Žust discuss how this regulation is already influencing—and will continue to influence—financial institutions, as well as its broader impact on end users (Slovene only).
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SUCCESSFUL STORIES FOR DIGITAL FUTURE
Banking
The benefits of document digitization far outweigh the cost of implementation
At Sparkasse, we have successfully digitized and e-archived more than one million of credit documents, thus freeing up valuable space in our physical archive. Most importantly, our credit documents are now continuously and promptly digitized.
Logistics
The compliance of personal data protection has also encouraged the digitization of business
The compliance of personal data protection was started by a gap analysis. We effectively eliminated the identified deviations and adjusted to the requirements of the GDPR regulation in a timely manner, and we also used the compliance process to provide starting points for digitization.
Logistics
Effective lifecycle management of digitized documents
With Mikrocop's help, we are now effectively digitizing our key business documents and managing them throughout their lifecycle. Access to data is faster and quicker than it even was with paper documents.
