Who needs DORA compliance?
Financial entities
Banks, insurance companies, investment firms, payment institutions, and crypto-asset service providers operating in the EU.
ICT providers
Technology vendors and cloud service providers designated as critical third-party providers to the financial sector — including non-EU companies.
Five pillars of DORA
ICT Risk Management
Comprehensive framework for identifying, protecting, detecting, responding to, and recovering from ICT risks.
Incident Reporting
Major ICT incidents must be reported to authorities. Initial notification within 4 hours, interim report within 72 hours, final report within 1 month.
Resilience Testing
Regular testing of ICT systems including threat-led penetration testing (TLPT) for significant entities.
Third-Party Risk
Manage risks from ICT third-party providers, including contractual requirements, exit strategies, and concentration risk monitoring.
Information Sharing
Voluntary sharing of cyber threat intelligence between financial entities to improve sector-wide resilience.
How DSALTA helps
- DORA-specific controls mapped to all five pillars
- ICT risk management framework through the risk register
- Incident response documentation and reporting templates
- Third-party risk management with vendor scoring and monitoring
- Cross-framework mapping — significant overlap with NIS 2, ISO 27001, and SOC 2
Frequently asked questions
Does DORA apply to non-EU companies?
Does DORA apply to non-EU companies?
Yes, if you are an ICT third-party service provider designated as critical to EU financial entities. EU financial clients will require DORA compliance evidence as part of their vendor management.
How does DORA relate to NIS 2?
How does DORA relate to NIS 2?
DORA is lex specialis (sector-specific) for financial entities, while NIS 2 is the broader EU cybersecurity directive. DORA takes precedence for in-scope financial entities, but NIS 2 requirements may still apply for broader governance.
What are the incident reporting timelines?
What are the incident reporting timelines?
Initial notification within 4 hours of classification, interim report within 72 hours, and final report within 1 month of the incident.
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