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Download the Whitepaper!
The deadline for complying with the Digital Operational Resilience Act (DORA)—January 2025—is coming quickly. This whitepaper is designed to provide a clear understanding of the regulation and how it impacts organizations as well as key considerations to help you meet DORA requirements.
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The financial services sector, as much as any industry today, relies on digital systems to conduct its day-to-day operations. This dependency has increased technological and cyber risk exponentially, and recent high-profile incidents have highlighted the critical importance of digital resiliency.
DORA was introduced to help financial institutions in the EU maintain operational resiliency in the face of disruption and protect economic stability in the EU as a whole. It creates a binding framework, incorporating best practices for the management of information and communication technology (ICT) and cyber risks.
It’s important to understand that DORA is not a “check-the-box” compliance activity; It is a strategic opportunity for organizations to enhance their overall approach to resilience. The regulation provides a valuable roadmap that every organization can use to find concrete and practical ways to be more resilient and fulfill their service obligations to their customers.