What is the Digital Operational Resilience Act (DORA)?

In a digital age where cyber threats loom large, the EU's Digital Operational Resilience Act (DORA) represents a beacon of proactive legislation, guiding the financial sector toward a secure and resilient future.

What is DORA and Why Does it Matter?

DORA is not just another regulatory hurdle; it is a comprehensive blueprint designed to safeguard the EU's financial heartland from digital disruptions. By January 2025, all financial entities are mandated to bolster their ICT defenses.

Key Highlights:

• Unified Risk Management - A consistent framework across the EU financial landscape for managing digital risks.
• Resilience Testing - Regular, rigorous checks on digital systems to ensure they can withstand cyber shocks.
• Incident Reporting - A standardized approach to reporting cyber threats, fostering a swift collective response.
• Third-Party Risk Management - Scrutiny over service providers to align them with DORA's high standards of resilience.
• Information Sharing - A culture of transparency to collectively strengthen defenses against cyber threats.
• Supervisory Authority Tools - Enhanced oversight to ensure adherence to DORA's rigorous requirements.

DORA stands as a testament to the EU's commitment to digital resilience. As we count down to the 2025 compliance deadline, read our latest article and learn more about how to best navigate this new journey together.