Akamai Technologies
Digital Operational Resilience Act Compliance Guide
Pages
2
Time to read
4 mins
Publication
Language
English
Pages
2
Time to read
4 mins
Publication
Language
English
This guide outlines the Digital Operational Resilience Act (DORA), which establishes a regulatory framework for financial entities operating in EU markets, including traditional banks and nontraditional service providers like crypto-asset firms. DORA mandates compliance not only from financial entities but also from their ICT third-party providers, which include cloud services and data centers. The document details DORA's five pillars: Risk Management, Incident Reporting, Digital Operational Resiliency Testing, ICT Third-Party Risk, and Information and Intelligence Sharing. Each pillar is described in terms of its objectives and the measures required for compliance. The guide emphasizes the importance of a comprehensive ICT risk management framework, ongoing monitoring, and the need for continuous improvement in operational resilience. Akamai's role as a critical third-party vendor is also discussed, highlighting how it assists financial institutions in navigating compliance challenges and enhancing their operational resilience in alignment with regulatory requirements.