In recent years, the financial sector has witnessed a dramatic shift. Digital technologies have become the backbone of how banks, insurers, and investment firms operate, communicate, and serve their customers. This digital transformation brings incredible opportunities, but it also exposes organizations to unprecedented cyber risks and operational challenges.
Regulators across the globe are responding by raising the bar on digital security and operational resilience. In the European Union, this shift culminates in the upcoming enforcement of the Digital Operational Resilience Act (DORA), which came into force in January 2025. Unlike previous guidelines, DORA sets mandatory, unified standards for managing digital risks across the financial sector.
This evolution means that organizations can no longer treat security and resilience as optional or secondary priorities. Instead, these elements must be deeply integrated into every aspect of their digital operations, including the technology platforms they rely on daily.
At Prepr, we understand the critical role our CMS plays in your compliance journey. That’s why we are ready. Our platform is built with security and resilience at its core, designed to meet the demands of today’s regulatory standards.
What is DORA and who must comply?
DORA is a regulation designed to strengthen the financial sector’s ability to prevent, respond to, and recover from digital disruptions.
DORA applies to a wide range of organizations, from traditional banks and insurance companies to investment firms, payment providers, and even crypto platforms. But its reach doesn’t stop there. Technology providers, including CMS platforms like Prepr, are also affected.
Under Article 30 of DORA, “ICT third-party risk – General principles”, financial institutions are responsible for managing the risks that come from outsourcing digital services. That means they need to ensure their third-party providers meet high standards for security, reliability, and transparency.
