The role of Digital Identity in DORA

Board members and senior managers have frequently been in the dark about the unacceptably high levels of ICT risk within their institutions. A series of high-profile outages and business disruptions at European banks in recent years has starkly highlighted the threat that this lack of resilience poses to the industry. To mitigate these challenges and increase the stability, security and competitiveness of the European financial sector, the European Council has taken decisive action, consolidating and harmonising existing national regulations to instil more robust operational resilience across the financial services sector. The result is the Digital Operational Resilience Act (DORA), a detailed and comprehensive framework for managing ICT risk for European financial institutions. Download our report to find out more.