How DORA Will Force Financial Firms to Adopt Cyber Resilience

June 16, 2023
How DORA Will Force Financial Firms to Adopt Cyber Resilience

The EU's Digital Operational Resilience Act (DORA) marks a shift in cybersecurity regulation, from a focus on preventing cyber-attacks to also ensuring the ability to recover quickly and effectively from them – a concept that is commonly called cyber resilience.

DORA was adopted in November 2022 as part of the EU’s 2020 Digital Finance strategy, which laid out the ambition for Europe to become a digital single market for financial services.

It aims to improve the resilience of the financial sector to operational disruptions, such as cyber-attacks.

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