DORA, though aimed at financial services, has implications that reach far beyond the EU, influencing global trade and regulatory frameworks, similar to GDPR.
While DORA is not solely focused on cybersecurity, it addresses a range of digital resilience issues, from incident reporting to third-party risk management, highlighting the interconnectedness of financial entities.
The introduction of DORA reflects a shift from traditional operational risk strategies towards a more holistic view of digital resilience, acknowledging the vulnerabilities caused by technological integration.
Businesses directly impacted by DORA must prepare for its implementation from January 17, 2025, emphasizing the urgent need for compliance in an interconnected digital landscape.
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