What is DORA (Digital Operational Resilience Act)?
Security Boulevard, Thursday, October 17th, 2024
The Digital Operational Resilience Act (DORA) is a significant regulation introduced by the European Union, set to take effect on 17 January 2025. While DORA is primarily designed to enhance the operational resilience of financial entities against ICT-related incidents, its impact extends far beyond financial institutions.
DORA establishes requirements and principles that financial entities must adhere to, focusing on outcomes and risk management practices rather than prescribing specific technical controls or technologies. This approach allows organizations to tailor their compliance efforts based on their unique risk profiles and operational needs.