DORA (Digital Operational Resilience Act) is an EU regulation that came into force on January 16, 2023, with full applicability starting from January 17, 2025.
DORA aims to establish a consistent and common level of digital operational resilience across financial services firms. By ensuring robust operational resilience, DORA aims to safeguard the European financial sector against cyber threats and disruptions.
The regulation requires EU financial entities and their critical ICT providers to adopt comprehensive information and communications technology (ICT) risk management capabilities into their security processes. Compliance with DORA will require full adherence to five critical areas of focus outlined in the regulation:
Operational resilience is vital for the financial sector, particularly in the digital age, as it directly affects the stability and security of financial services.
Incident reporting, functional resilience testing, and third-party risk monitoring. DORA recognises that a lack of operational resilience can cause instability in the entire financial system when these incidents occur. In fact, DORA deals with risks in how things operate, cyber dangers, and unexpected events.
It helps your organization stay resilient and ready to handle new threats as they come up.
Our exclusive premium program offers a comprehensive learning process, providing not only an in-depth understanding of DORA's context and rules but also insights into crafting strategies tailored to each company's needs.
People. Product. Process.
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The format that best suits your learning style.
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One size does not fit all.
We equip you with practical strategies tailored to your company's unique needs.
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7 comprehensive modules, 100% Flexibility.
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