TL;DR:
- DORA (Regulation (EU) 2022/2554) is an EU regulation, effective January 2025, that sets a consistent baseline for how financial entities manage ICT risk and operational resilience.
- It is built around five pillars covering risk management, incident reporting, resilience testing, third-party oversight, and information sharing.
- Financial entities must prove resilience in practice, includ...
DORA represents a shift in the regulatory landscape for financial entities and ICT suppliers within the EU. By setting specific and enforceable expectations around operational resilience, DORA goes beyond general information security standards such as ISO 27001. This emphasis on resilience reflects the growing dependency of financial services on shared infrastructure and cloud computing, where a single point of failure can have significant impact.
DORA's focus on reporting, testing, third-party ...