Risk Intelligence in Payment Systems

Q14. What is DORA and why is it the most significant operational resilience regulation for financial services in 2025?

The EU's Digital Operational Resilience Act (DORA) entered full enforcement in January 2025. It mandates comprehensive ICT risk management, extensive resilience testing (including threat-led penetration testing), strict third-party vendor oversight with contractual requirements, and 24-hour major incident reporting to regulators. DORA's significance extends beyond the EU: Singapore, Australia, and Canada are implementing aligned frameworks, establishing DORA-equivalent standards as the emerging global baseline for financial services operational resilience.

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