Operations | Monitoring | ITSM | DevOps | Cloud

Because data privacy has become a paramount concern, the General Data Protection Regulation, more commonly known as GDPR, was introduced as a pivotal milestone in safeguarding personal information. As businesses worldwide grapple with the profound implications of this regulation, understanding GDPR compliance has never been more critical.

The European Commission has introduced the Digital Operational Resilience Act (DORA) to bolster the digital infrastructure of the financial sector within the European Union (EU). As part of the EU's wider digital finance strategy, DORA's objective is to create a comprehensive framework governing digital operational resilience. Financial institutions must ensure full compliance with DORA by January 2025.

Organizations in Europe are currently facing the challenge of reducing energy consumption and improving sustainability in light of the European Green Deal. The EU Green Deal has been approved by the European Commission which focuses on decreasing greenhouse gas emissions by 55% compared to the 1990 levels by 2030. Europe is striving to be the first climate-neutral continent by 2050.

The new law, SB 253, aims to bring more transparency and accountability to the public about how big businesses contribute to climate change. It also hopes to encourage companies to reduce their emissions and align with the state’s ambitious climate goals. By 2030, California plans to lower its greenhouse gas emissions by 40% below what they were in 1990.

In 2022, Ofcom, a UK regulator, began its market study into the cloud industry to investigate the dominance that hyperscalers, especially AWS and Microsoft, hold over the industry and the limits this creates for customers. This investigation follows concerns surrounding customers feeling “locked in” to a single provider, potentially leading to inflated prices in the market¹.