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Digital Operational Resilience Act (DORA)
Compliance

1 Year Until DORA: A Compact Overview for Financial Service Providers

As we stand at the threshold of January 2024, the clock is ticking for financial service providers across Europe. The Digital Operational Resilience Act (DORA) is set to come into full effect in January 2025, marking a significant shift in the regulatory landscape. This impending regulation underscores the critical importance of digital resilience in an era where cyber threats loom large and operational continuity is paramount. In this blog, we’ll delve into the essence of DORA, outline the key requirements it imposes on financial entities, and provide a strategic roadmap to ensure compliance within the one-year timeframe.

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