DORA — Digital Operational Resilience for Financial Services
Required for banks, fintechs, insurers, and ICT providers serving financial entities. 5 pillars, ~35 requirements. DORA + EU AI Act = complete AI governance for financial services.
Enforcement Timeline
Jan 2025
DORA enters into force
Jul 2025
Technical standards finalised
Jan 2026
Full enforcement
What is DORA?
The Digital Operational Resilience Act (DORA) is the EU regulation establishing a comprehensive framework for digital operational resilience in the financial sector. It applies to virtually all regulated financial entities, including banks, investment firms, insurance companies, payment institutions, and critically — ICT third-party service providers.
DORA is structured around 5 pillars: ICT risk management, incident reporting, digital operational resilience testing, ICT third-party risk management, and information sharing. It mandates specific technical standards for each pillar and requires financial entities to maintain detailed registers of ICT service providers.
For financial services organisations also deploying AI systems, the combination of DORA and the EU AI Act creates a comprehensive governance framework. Norivo manages both regulations from one platform, with significant overlap in risk management, incident reporting, and third-party oversight requirements.
DORA + EU AI Act from one platform. Shared risk management and incident reporting workflows reduce compliance burden by 40-50%.
Why Norivo for DORA?
Financial Services Focus
Norivo understands the specific requirements for banks, fintechs, and insurers — including ICT provider register management and threat-led penetration testing.
DORA + EU AI Act Unified
Manage both regulations from one platform. Shared risk management, incident reporting, and third-party oversight controls reduce work by 40-50%.
ICT Risk Register
Nora helps maintain your register of ICT service providers with automated risk assessments and contractual obligation tracking.
Key Requirements
How Norivo Helps
Classify your entity type
Determine which DORA requirements apply based on your entity classification — bank, investment firm, insurer, payment institution, or ICT provider.
Build your ICT risk framework
Norivo provides structured workflows for ICT risk management, asset identification, and incident classification aligned with DORA technical standards.
Manage third-party providers
Maintain your register of ICT service providers. Nora monitors contractual obligations and flags concentration risks automatically.
Test and report
Plan resilience testing programmes. Generate incident reports in the format required by your competent authority.