#dora

#dora

Cloud platforms, outsourced IT, and digital trading systems power day-to-day operations - but they also introduce serious risks. Cyberattacks, system failures, and supplier disruptions can trigger regulatory breaches, financial losses, and reputational damage. To strengthen the resilience of Europe's financial system, the EU introduced the Digital Operational Resilience Act (DORA), often called the DORA Directive. Although the UK is no longer part of the EU, DORA still applies to many UK firms.