DORA Compliance, Automated
Digital Operational Resilience Act (Regulation (EU) 2022/2554). Automate gap analysis, evidence collection, and continuous monitoring with Zaxyr's AI-powered compliance platform.
What is DORA?
The Digital Operational Resilience Act (DORA) is a landmark EU regulation that establishes a comprehensive framework for ICT risk management in the financial sector. Effective January 17, 2025, DORA ensures that financial entities can withstand, respond to, and recover from all types of ICT-related disruptions and threats, including cyberattacks.
DORA addresses a critical gap in EU financial regulation by creating harmonized rules across all member states for ICT risk management, incident reporting, digital operational resilience testing, ICT third-party risk management, and information sharing arrangements. Unlike the previous patchwork of national guidelines, DORA provides a single, directly applicable regulatory framework for over 22,000 financial entities.
The regulation is built on five pillars: ICT risk management (comprehensive governance framework), ICT-related incident management (classification, reporting, and response), digital operational resilience testing (threat-led penetration testing every 3 years), ICT third-party risk management (register, due diligence, oversight), and information-sharing arrangements (voluntary cyber threat intelligence exchange). DORA is lex specialis to NIS2, meaning its sector-specific requirements take precedence for financial entities.
Official source: European Commission & ESAsWho must comply
- Credit institutions (banks) and payment institutions
- Investment firms, trading venues, and central counterparties
- Insurance and reinsurance undertakings
- Crypto-asset service providers and issuers of asset-referenced tokens
- Central securities depositories and trade repositories
- Credit rating agencies and crowdfunding service providers
- Critical ICT third-party service providers (cloud, SaaS, managed services)
- Managers of alternative investment funds and UCITS management companies
Key Requirements
- ICT risk management framework: governance, identification, protection, detection, response, recovery, and learning
- Incident classification and reporting: initial 4h notification, 72h intermediate report, 1-month final report
- Digital operational resilience testing: annual basic testing, threat-led penetration testing every 3 years
- ICT third-party risk management: register of all arrangements, due diligence, contractual provisions, and exit stratégies
- Information sharing: voluntary cyber threat intelligence exchange mechanisms
- ICT business continuity policy and disaster recovery plans
- Board-level accountability for ICT risk management strategy
- Regular review and audit of ICT risk management framework
The Cost of Inaction
Up to 1% of average daily worldwide turnover per day for up to 6 months for critical ICT providers
Beyond financial penalties, non-compliance can result in reputational damage, loss of business licenses, and personal liability for executives.
How Zaxyr Automates Compliance DORA
Automated DORA gap analysis across all 5 pillars with financial-sector-specific control mapping and maturity scoring
ICT third-party risk register with automated vendor assessment, contractual clause tracking, and concentration risk analysis
Incident classification engine with 4h/72h/1month reporting templates pre-connected to your SIEM and SOC tools
Resilience testing management with TLPT (threat-led penetration testing) scheduling, scope definition, and results tracking
Board reporting dashboards with DORA-specific KPIs: ICT risk posture, incident metrics, third-party exposure, and testing coverage
NIS2 and ISO 27001 cross-mapping so that DORA compliance work automatically advances your broader compliance posture
DORA Compliance FAQ
Start Your Compliance Journey DORA
Get a personalized compliance assessment. Our team will guide you through.