What is DORA and who does it apply to?
DORA is an EU regulation focused on digital operational resilience in financial entities. It applies to financial institutions and certain ICT service providers.
The Digital Operational Resilience Act (DORA) is an EU regulation designed to strengthen the digital operational resilience of financial entities. Its objective is to ensure that organizations can withstand, respond to, and recover from ICT-related disruptions.DORA applies primarily to financial institutions, including banks, investment firms, and other regulated entities, as well as certain ICT third-party service providers supporting them. The regulation establishes consistent requirements across the EU.DORA focuses on five main pillars: ICT risk management, ICT-related incident management and reporting, digital operational resilience testing, ICT third-party risk management, and information sharing.Organizations subject to DORA must implement governance, controls, and processes that support resilience across these pillars. The DORA Lead Manager course explains how these requirements translate into practical implementation activities.Compliance with DORA requires coordination across compliance, risk, IT, and governance functions to ensure resilience is embedded into operations.
Related Information
- DORA is an EU regulation on digital operational resilience.
- It applies to financial entities and some ICT service providers.
- The regulation is structured around five main pillars.
- Governance and ICT risk management are core requirements.
- Cross-functional coordination is essential for compliance.
Expert Insight
DORA is as much about governance as technology. Clear ownership and escalation paths are critical.Resilience testing and third-party oversight are often the most challenging areas to operationalize.
