DORA regulations require financial institutions and crypto firms to manage digital risks, report significant incidents, conduct regular system testing, and establish recovery plans

Quotes that support claims

DORA establishes comprehensive regulations for FIs and CASPs to manage ICT infrastructure and potential risks. It sets out clear guidelines on how these institutions should prepare for and respond to potential technology failures or attacks, including:

DORA legislation requires financial organisations to enhance their cybersecurity measures and operational resilience capabilities.