What is DORA?
DORA is the EU’s response to the growing reliance on technology in the financial sector. It aims to establish a unified approach to digital operational resilience across all member states. By harmonizing rules for risk management, incident reporting, and third-party oversight, DORA seeks to minimize systemic risks and bolster the sector’s stability.
The regulation applies to a wide range of entities, including banks, payment institutions, investment firms, and ICT providers critical to financial operations. It mandates robust ICT risk management frameworks, comprehensive testing of systems, and stringent oversight of third-party service providers.
Why is DORA compliance important?
Compliance with DORA isn’t just about meeting regulatory requirements—it’s about protecting your business and customers. With cyber threats on the rise, the framework provides a proactive blueprint for:
- Enhancing your organization’s preparedness for disruptions.
- Safeguarding sensitive customer data.
- Ensuring continuity of critical operations.
Organizations that ensure DORA compliance will not only mitigate risks but also build trust with customers and partners by demonstrating their commitment to operational excellence.
Get started with our DORA checklist
Navigating the complexities of DORA compliance can feel overwhelming. That’s why we’ve created a comprehensive DORA checklist to help you assess your readiness and take actionable steps toward compliance. From evaluating your ICT risk management policies to streamlining incident reporting, our checklist covers all the essential elements.
Ready to strengthen your digital operational resilience? Download the DORA Checklist now and take the first step toward safeguarding your financial operations.
