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DORA Regulatory Mapping and Requirements: A Guide to Compliance
This podcast episode details the EU's Digital Operational Resilience Act (DORA), a regulation designed to bolster the operational resilience of financial institutions and their crucial ICT third-party providers. DORA mandates robust ICT risk management frameworks, incident reporting mechanisms, regular resilience testing, and stringent oversight of third-party providers. The regulation also promotes information sharing amongst entities and establishes a system of penalties for non-compliance. Specific requirements are outlined across ten thematic areas, each with corresponding articles in Regulation (EU) 2022/2554. Ultimately, DORA aims to fortify the EU financial system against digital disruptions.
Published on 11 months, 1 week ago