What Is the Digital Operational Resilience Act (DORA)?
The Digital Operational Resilience Act (DORA) is a regulation that strengthens digital security among financial institutions in the European Union (EU). Although DORA came into effect in 2023, it will be fully adopted by all EU financial entities and third-party service providers of Information Communication Technologies (ICT) beginning in January 2025 to improve their defenses against potential cyber threats.