The DORA act's full name is which of the following?

Definition of DORA

TheDigital Operational Resilience Act (DORA)is a regulation by theEuropean Union (EU)aimed atstrengthening the digital resilienceof financial institutions.

It establishesa regulatory framework for managing information and communication technology (ICT) risksin the financial sector.

Key Objectives of DORA

Ensures that financial institutionscan withstand, respond to, and recover from cyber threats and ICT-related disruptions.

Introducesstandards for risk management, incident reporting, and third-party ICT risk oversight.

Why Other Answers Are Incorrect

Option

Explanation

A. Domain for Operational Risk Act.

Incorrect– No such regulation exists under this name.

B. Digital Operational Risk Act.

Incorrect– The official name isDigital Operational Resilience Act(DORA).

C. Daily Operational Resilience Act.

Incorrect– DORA is not focused on daily operations but ratherlong-term digital resilience.

PRMIA Risk Governance & Digital Resilience Standards

European Commission’s Official DORA Regulation

PRMIA References for Verification