The Digital Operational Resilience Act ensures financial entities can withstand, respond to, and recover from ICT-related disruptions and threats.
DORA applies to virtually all regulated financial entities in the EU and their critical ICT service providers.
Critical ICT Third-Party Providers (cloud platforms, data analytics, SaaS providers) serving financial entities are also directly regulated under DORA.
DORA is built on five key pillars that ensure comprehensive digital operational resilience
Comprehensive framework for identifying, protecting, detecting, responding to, and recovering from ICT risks. Includes governance, policies, and procedures.
Harmonized incident classification, reporting to regulators within strict timelines, and information sharing with other financial entities.
Regular testing including vulnerability assessments, scenario-based testing, and threat-led penetration testing (TLPT) every 3 years.
Due diligence on ICT providers, contractual arrangements, exit strategies, and oversight of critical third-party providers.
Voluntary sharing of cyber threat intelligence and information between financial entities to improve collective resilience.
DORA establishes strict timelines for reporting major ICT-related incidents.
First alert to competent authority after classifying as major
Status update with preliminary root cause and impact
Full analysis, root cause, remediation measures taken
Our platform helps financial institutions manage ICT third-party risk and maintain operational resilience.
Ensure your financial institution meets ICT risk management requirements.