Understanding the Digital Operations and Resilience Act (DORA) Regulation

What is DORA?

DORA is a comprehensive framework designed to establish uniform requirements for the security of network and information systems of financial entities, enhancing the sector’s operational resilience.

Scope and Application

DORA applies to a wide range of financial entities, including banks, insurance companies, and investment firms operating in the EU. The regulation is expected to come into force in early 2025, with a transition period for adaptation and compliance.

Impact on Financial Entities

Financial institutions will need to reassess and potentially overhaul their ICT risk management practices. This includes implementing more stringent security measures, enhancing incident response capabilities, and improving third-party risk management.

Main Components of DORA

Get in Touch

Ready to bolster your digital operations and resilience in accordance with the DORA regulation? Contact us at contact@digishield-consulting.com to explore how our expertise can guide you toward fortified digital resilience and compliance. We also offer specialized training sessions, PECB Certified DORA Lead Manager, tailored to help your team comprehend, implement, and uphold compliance with the DORA regulation.