The Digital Operational Resilience Act (DORA) is poised to transform the financial sector, addressing a reality that can no longer be ignored in today’s technology-driven economy. As financial ...

As technology continues to reshape financial services, regulators and policy setters are embarking on a range of ...

Not only does DORA mandate higher resilience standards of EU financial institutions, but it also requires the management of third-party risk, similar to DoD CMMC, but with even more depth and detail.

Katelyn, Samantha and Jacob are all slated to appear at the 2025 Kids’ Choice Awards, hosted by Tyla, TONIGHT (June 20), ...

6. Manage Third-Party Risks With the increasing reliance on third-party service providers, managing ICT third-party risks is a key requirement of DORA.

DORA addresses third-party risk What’s notable about the Act is that it doesn’t only apply to financial entities — third-party services providers also have to strengthen their security.

The reality is that many third-party software and service providers will also be affected by DORA—even some of those that are based in the U.S.

DORA represents a fundamental shift in how financial institutions approach digital security, ensuring they can withstand cyber threats, operational disruptions, and third-party vulnerabilities.

Now in force, DORA has proved challenging for many IT leaders to achieve compliance, particularly around third-party providers, suppliers, and subcontractors.

DORA compliance extends beyond internal procedures, covering third-party service providers as well. It’s here where most organizations risk tripping up in the initial stages of DORA enforcement.

DORA mandates the analysis, documentation, and management of third-party risks, so it’s critical for financial organizations to be sure that any organization they do business with meets DORA’s ...