A quick summary of what DORA regulation is, who it impacts, and quick tips to prepare for it. a must watch for EUICTs, banking and financial institutions and digital services companies with intersections with the financial sector. #DORA #europe #EU #digitaltransformation #legaleducation
DORA (Digital Operational Resilience Act) is a new regulation that aims to address the increased digital risk organisations face. It focuses on five key pillars, including ICT risk management, incident management and reporting, digital operation resilience testing, and third-party risk. Non-compliance with DORA can damage an organisation's relationship with regulators and lead to remediation programs and penalties.
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