RegTech Community
Early estimates of this summer’s Crowd Strike impact are put at $1 billion. With 29% of organisations experiencing significant cyber incidents each year, board rooms are alive to the risks, and the impending regulatory deadlines.
EU’s DORA is 100 days away on 17 January 2025 and the UK OpRes (PS 21/3) has set 31 March 2025 for ‘end to end’ IT risk management never imagined by any sitting Chief Information Officer, Chief Risk Officer or Management Committee. But it doesn’t end there. The EU AI Act starts to come into force from 2 February 2025 and the NIS2 cyber will have to be transposed into national legislation by October 2024.
These rules ask for a far deeper, broader and more prescriptive approach to managing complex, digital landscapes that have evolved over decades. This means internal maintenance policies must be updated to account for data controls, business oversight, quality and cyber objectives. Externally, third parties will need to sign-up to a level of detail not currently contracted or subcontracted.
With budget constrained, and the risk that a regulator will be asking for full documentation soon, the question looms large – is your firm ready for the OpRes marathon?
JWG and First Derivative cordially invite Technology, Data, and Operations executives to an exclusive Chatham House rule roundtable to tackle this fundamental conundrum. Engage in critical discourse, share industry approaches, and chart out effective strategies to traverse the evolving markets, technology infrastructures, and data sources.
This event is by invitation only. For more information contact Corrina.stokes@jwg-it.eu