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ARTICLE · 13 MARCH 2025

DORA: The Digital Operational Resilience Act

The European Union has introduced the Digital Operational Resilience Act, commonly known as DORA, a crucial Regulation set to transform the financial sector.

European UnionFinance and Banking

The European Union has introduced the Digital Operational Resilience Act, commonly known as DORA, a crucial Regulation set to transform the financial sector. Its primary goal is to strengthen the digital operational resilience of financial sector firms and enhance protection against cybersecurity risks.

It has become a top priority for businesses, financial institutions and governments, ensuring the security and resilience of IT infrastructures.

The European DORA regulation extends the scope of MiCA and also applies to cryptocurrency businesses and Virtual Asset Service Providers (VASPs), including cryptocurrency exchanges. These entities are required to enhance their cybersecurity measures and risk management frameworks.

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