Updated 2026-07-22
What is the Digital Operational Resilience Act (DORA)?
DORA is the EU regulation that sets requirements for how financial entities manage ICT risk, incidents, resilience testing, third-party ICT providers, and information sharing. This page is an indicative orientation for engineering and risk teams — not legal advice.
Why does DORA exist?
DORA exists because financial services depend on software, cloud, and vendors — and ICT failures can spread quickly to customers and markets. It pushes entities to treat digital operational resilience as ongoing management work, not a one-off IT project.
For many teams the practical question is not “have we heard of DORA?” but “can we show a clear view of ICT gaps before the next tough conversation with the board, investors, or supervisors?”
Who typically needs to care about DORA?
DORA focuses on EU financial entities and, in important ways, on ICT third-party providers that support them. Exact scope depends on entity type and role — confirm applicability with qualified counsel.
- Banks, payment institutions, investment firms, and other regulated financial entities operating in the EU
- Fintechs scaling into regulated activity or partnering with regulated institutions
- Critical or important ICT service providers supporting financial entities
What does DORA readiness usually mean in practice?
Readiness usually means an honest map of ICT practices: clear ownership, documented risk and incident processes, planned testing, known third-party concentrations, and evidence you can assemble without a scramble — not a perfect score on day one.
A structured self-assessment can help prioritise remediation with compliance, security, and engineering in the same room. It does not replace an audit, legal opinion, or supervisory dialogue.
How does CodeGeeks approach DORA readiness?
CodeGeeks Solutions is a software development and AI company based in Ukraine and Estonia. We offer a free indicative DORA readiness self-assessment so teams can see gaps quickly, then optionally engage us to build the systems and tooling remediation often needs.