DORA - A guide to the EU digital operational resilience act

CHAPTER 1: INTRODUCTION

For organisations operating in the financial sector, government interference and regulatory oversight are nothing new. It stands to reason, of course: finances dictate so much of how a country and society functions that the power of government could be hobbled should the financial sector be struck down or left impotent. Furthermore, a secure financial market draws business to itself, which is obviously desirable for all governments.

Through the centuries, the specific threats to finance have changed here and there in the detail, but they typically include market volatility, credit risks, operational risks and actions by outsiders (whether military threats to the nation or otherwise). Organisations in the finance sector ...