DORA
The Digital Operational Resilience Act (DORA) establishes a unified regulatory framework across the European Union, ensuring that the financial sector can withstand, respond to, and recover from all forms of information and communication technology (ICT) disruptions. Cybersecurity is the cornerstone of DORA because it shifts the focus from traditional financial solvency to operational continuity; it mandates that banks, insurers, and their critical third-party technology providers treat cyber resilience as a core business function rather than a secondary IT concern. By enforcing strict standards for risk management, incident reporting, and mandatory resilience testing, DORA is essential for mitigating systemic risks that could otherwise lead to widespread economic instability following a major cyber event.