What US Organizations Need to Know About EU's Digital Operational Resilience Act (DORA)
Cyber Defense Magazine, Wednesday, February 26th, 2025
The Digital Operational Resilience Act (DORA) is an EU regulation many US firms may need to comply with.
After DORA comes into effect in January 2025, US financial entities that have EU customers and third-party providers will need to comply with DORA. The alternative is potentially prohibitive fines.
This means that any US-based but EU-facing hedge fund, broker (including crypto platform), bank, fintech, or any other kind of financial entity will soon have a new set of regulations to keep-though there are some exceptions.
Here's a quick breakdown of everything US companies need to know about DORA.