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Takeaways From The EU’s Digital Operational Resilience Act (DORA)

Back in June, the European Union (EU) announced plans to launch a new regulatory bill that will require entities in the financial industry such as banks and wealth management organizations to expand their third-party risk management programs. The expansion of these programs includes a robust set of requirements for cybersecurity practices and ways they should apply to information technology providers and services. The title of this new regulation is being referred to as the Digital Operational Resilience Act (DORA).   The regulation has generated some mixed emotions from the financial industry due to the steep, short timeline that is in place against the financial institutions to meet the new requirements. Overhauls of internal systems and the establishment of new vendors can take months upon months to figure out. What does the Digital Operational Resilience Act cover exactly? Here is a brief overview.  Stronger Cybersecurity Standards   Although operational and financial resilience

What is Salon Software & Why Is It Important?

Everyone has a general idea of what software is and what it aims to solve. Software is a program that collects and runs data that instructs a piece of hardware on how to work properly such as a computer. More or less, it is the operating information that is utilized to complete various tasks and processes. With this definition in mind, you can figure out the main goals of salon software. Salon software can be a driving force to clean up your organization’s processes and drive efficiency throughout. What Is Salon Software? Salon software is a specialized tool that can aid salon management with daily processes and long-term goals. Unlike other software, salon software is tailored for the workflows and common issues salons face. Salon software aids managers and associates with daily operations such as booking keeping, inventory, payment processing, and marketing all in one platform. There is salon software available for all scales of salon businesses. With this being said, salon software