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Overview

What Is DORA?

The Digital Operational Resilience Act (DORA) is a EU regulation that entered into force on 16 January 2023 and will apply as of 17 January 2025. It aims at strengthening the IT security of financial entities such as banks, insurance companies and investment firms and making sure that the financial sector in Europe is able to stay resilient in the event of a severe operational disruption.

DORA brings harmonisation of the rules relating to operational resilience for the financial sector applying to 20 different types of financial entities and ICT third-party service providers. 

5 core pillars in DORA

DORA aims to strengthen digital operational resilience by focusing on five core pillars:

ICT risk management

ICT-related incident reporting

Digital operational resilience testing

ICT third-party risk management

Information sharing

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Cyber security for banking and finance: navigating risk and maximising reward

Read our whitepaper about strategies for managing digitalisation, cloud acceleration and navigating DORA and how DORA is driving stricter regulatory compliance in banking and finance.

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EU DORA Act challenges financial institutions to be more resilient

As the financial sector remains a prime target for cyber threats, DORA enhances resilience by fortifying defences and ensuring robust recovery from digital disruptions. Yet, the regulation's compliance demands continue to pose significant challenges.

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Why BT for security in banking and financial services

No matter where your financial organisation is on its journey to harness the benefits of digital transformation in the cloud, our dedicated experts and market-leading security solutions can help ensure your next steps are secure.

A partner you can trust

We protect businesses of all sizes, from SMBs to large-scale enterprises. With decades of experience, we offer tailored solutions to meet your unique cyber security needs.

We are there when you need us

We've protected our customers from every type of cyber threat, from ransomware to data breaches. As a vendor-agnostic partner, we recommend only the best solutions to keep your organisation ahead of attackers.

We invest in the best

We aim to be the most trusted provider of secure connectivity and collaboration in the UK and beyond. That's why we invest more in R&D than any other UK network.