The DORA regulation will come into effect on 17th January 2025.
Due to their dependency on technology, financial service companies are increasingly vulnerable to operational disruption and data loss , including cloud platforms and business applications.
To reduce these risks and to improve operational resilience, the EU enacted the Digital Operational Resilience Act (DORA).
DORA requires backups to be stored outside of your primary SaaS application to ensure that they remain insulated from issues affecting the primary data.
In addition, DORA also requires testing the ability to restore and recover from a backup.
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