Financial services is among the most highly regulated of any industry – and justifiably so. As critical infrastructure, the sector provides services which, if interrupted or destabilized, could have a catastrophic impact on economic and national security. Increasingly, these regulations mandate not only cyber-resilience (eg the EU’s DORA) but also digital sovereignty – which includes the idea that wherever data is collected or stored, it should be subject to local laws.

*** This is a Security Bloggers Network syndicated blog from comforte Blog authored by Michael Jaiyeola. Read the original post at: https://insights.comforte.com/how-financial-institutions-can-manage-mounting-digital-sovereignty-requirements