Open Source Risk Management | Expert Insights from Zvika Ronen, CTO of FOSSAware

Open laptop displaying code with a glowing open padlock icon and the words Open Source above it

To gain a deeper understanding of these challenges and how companies can address them, we explored insights from Zvika Ronen, CTO of FOSSAware, a recognized expert in open source governance, risk management, and compliance. His experience in tech due diligence, OpenChain compliance, and ISO/IEC 5230 assessments sheds light on how organizations can integrate open source software securely and responsibly. This article examines real-world risks, evolving regulations, and industry best practices to help companies improve their open source risk management strategies. Why Open Source Can Be a Hidden Risk for Companies…

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Financial Firms Struggle to Meet European DORA Compliance Requirements

DORA compliance logo with European Union stars.

Recent studies reveal that nearly half of financial institutions in the UK and the European Union are unlikely to meet the compliance deadline for the Digital Operational Resilience Act (DORA), despite investing millions of euros in cybersecurity enhancements. Investment Figures Key Challenges Hindering Compliance: Consequences of Non-Compliance Regulatory Landscape The European regulatory environment remains highly complex, with overlapping standards and frameworks. Non-compliance with DORA could result in severe financial and reputational repercussions for financial institutions. Future Outlook To address compliance challenges, financial institutions are urged to: Conclusion DORA compliance presents…

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