Introducion
In today’s hyperconnected world, the financial sector increasingly relies on digital systems and services. While this digital transformation has brought significant efficiencies, it has also exposed institutions to heightened cybersecurity threats and operational risks. Recognizing the need for robust safeguards, the EU introduced the Digital Operational Resilience Act (DORA) as a cornerstone regulation to strengthen the digital resilience of financial entities and third-party providers.
DORA underscores the importance of harmonized rules across the EU, enabling businesses to navigate digital risks more effectively while fostering trust among stakeholders. This regulation, which took effect in January 2025, aligns with the broader objectives of the EU’s Digital Finance Strategy.
In today’s hyperconnected world, the financial sector increasingly relies on digital systems and services. While this digital transformation has brought significant efficiencies, it has also exposed institutions to heightened cybersecurity threats and operational risks. Recognizing the need for robust safeguards, the EU introduced the Digital Operational Resilience Act (DORA) as a cornerstone regulation to strengthen the digital resilience of financial entities and third-party providers.
DORA underscores the importance of harmonized rules across the EU, enabling businesses to navigate digital risks more effectively while fostering trust among stakeholders. This regulation, which took effect in January 2025, aligns with the broader objectives of the EU’s Digital Finance Strategy.