The Digital Operations Resilience Act (DORA) applies to all financial organizations operating in the EU. It requires organizations to address requirements across five pillars- ICT Risk Management, Incident Reporting, Digital Operational Resilience Testing, Third Party Risk, and Information Sharing.
Organizations must continuously comply with DORA, spanning visibility into ICT systems, vulnerability management, and conducting dynamic risk assessments.
Financial organizations should develop an information communication technology (ICT) governance, risk, and compliance plan to comply with DORA.
