DORA Compliance
EU Digital Operational Resilience Act Compliance for Financial Entities & ICT Providers
Praxis-Q delivers DORA compliance for EU financial entities and their ICT service providers. DORA has been fully applicable since January 2025. We align DORA ICT risk management requirements with ISO 27001:2022 and NIS2 - building a single integrated resilience framework that satisfies all three simultaneously.
At a Glance
Regulation
EU 2022/2554
In Force
Jan 2025
Fines
€5M/1% daily
ISO Aligned
27001:2022
DORA
DORA Compliance
EU Digital Operational Resilience Act Compliance for Financial Entities & ICT Providers
The Problem
DORA makes operational resilience a regulatory requirement for financial entities and their ICT providers. Gaps in testing or third-party oversight now draw supervisory action.
What We Do
- DORA Scoping
- ICT Risk Framework
- Incident Management
- Resilience Testing
- Third-Party Risk
What You Get
- DORA Chapter II ICT risk management framework
- DORA Chapter III incident management and reporting
- DORA Chapter IV digital operational resilience testing (TLPT)
- DORA Chapter V ICT third-party risk management
- ISO 27001 to DORA control mapping
- Threat-Led Penetration Testing (TLPT) preparation
- DORA and NIS2 integrated compliance programme
- Applicable to banks, insurers, investment firms, and ICT providers
Why weeks, not months
AI-assisted evidence review, one client portal
Every DORA engagement runs on the Praxis-Q compliance platform. You upload evidence per control, AI scores it against the requirement, and your auditor reviews in the same workflow — from scoping through to the issued, publicly verifiable certificate.
AI evidence scoring
Every upload is scored against the control before an auditor sees it — gaps surface in minutes, not at the review meeting.
One client portal
Scoping, evidence, auditor queries and status live in one place. No email chains, no spreadsheet trackers.
Auditor sign-off
Praxis-Q auditors review inside the same workflow, so review rounds shrink and the certificate issues sooner.
Who DORA Actually Covers
DORA applies directly to a broad list of EU financial entities - credit institutions, payment institutions, investment firms, insurance and reinsurance undertakings, crypto-asset service providers, and several other categories - but its reach extends further through the third-party risk provisions: any ICT provider designated as 'critical' to the financial sector (a status the European Supervisory Authorities can assign to major cloud and technology providers) falls under direct oversight, and even non-critical ICT vendors face DORA-driven contractual obligations flowing down from their financial-entity customers' own compliance requirements. Praxis-Q works with both direct financial-entity clients and their technology vendors, since the compliance obligations look different depending on which side of that relationship an organisation sits on.
The ICT Risk-Management Framework
DORA requires a documented ICT risk-management framework with clear governance - the management body bears direct responsibility and accountability for ICT risk, not just delegated oversight - covering identification of ICT-supported business functions and assets, protection and prevention measures, detection mechanisms, response and recovery procedures, and a communication plan for both internal stakeholders and, where relevant, the public and regulators. Praxis-Q builds this framework to map directly onto an existing ISO 27001 ISMS where one exists, since the two share substantial structural overlap around risk assessment and governance.
Third-Party ICT Risk Management
DORA imposes specific, prescriptive requirements on contracts with ICT third-party providers: pre-contractual due diligence assessing concentration risk, mandatory contractual clauses covering service levels, data location, audit rights, and cooperation during incidents, and a documented exit strategy for every critical or important function outsourced to an ICT provider. Financial entities must also maintain a register of information on all ICT third-party arrangements, reportable to their competent authority. Praxis-Q reviews existing vendor contracts against these specific requirements and drafts the amendments or new clauses needed, which is often the most operationally disruptive part of a DORA programme since it requires actually renegotiating vendor agreements, not just internal policy changes.
Incident Reporting and Digital Operational Resilience Testing
DORA requires major ICT-related incidents to be reported to the relevant competent authority against defined classification criteria and timelines, broadly aligned in spirit with NIS2's reporting structure though DORA's specific criteria and thresholds are its own. Separately, DORA mandates regular digital operational resilience testing - a proportionate programme scaled to the entity's size and risk profile, with the largest and most systemically important entities required to undergo advanced threat-led penetration testing (TLPT) at least every three years, following a specific methodology and using independent, qualified testers. Praxis-Q scopes standard resilience testing for most clients and coordinates TLPT-qualified partners for entities where that advanced testing tier applies.
Engagement Model
Gap assessment against DORA's requirements, including determining which specific provisions apply based on entity type and size, typically runs two to three weeks given the framework's breadth. Vendor contract review and remediation is scoped separately since it depends on the number and complexity of existing ICT vendor relationships. Praxis-Q builds the resilience testing programme as an ongoing annual cycle rather than a one-time exercise, since DORA expects continuous testing proportionate to risk, not a single point-in-time assessment.