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What are the 5 pillars of Dora regulation?
The 5 DORA Pillars of Compliance
ICT Risk Management.
ICT-Related Incident Reporting.
Digital Operational Resilience Testing.
Management of ICT Third-Party Risk.
Information and Intelligence Sharing.
What are the penalties for Dora regulation?
Third-party ICT service providers designated as “critical” by the European Supervisory Authorities (ESAs) may face fines of up to EUR 5,000,000 or, in the case of an individual, a maximum fine of EUR 500,000 for non-compliance with the Act’s requirements. The ESAs will have the authority to impose these fines.
What are the benefits of Dora?
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