DORA Enforcement: Third-Party Risk as Existential Requirement

DORA Enforcement: Third-Party Risk as Existential Requirement

DORA Enforcement: Third-Party Risk as Existential Requirement...

Access Primary Source
DORA Enforcement: Third-Party Risk as Existential Requirement** DORA entered enforcement January 17, 2025. The European Commission's Article 58 review is scheduled for January 17, 2026, potentially extending oversight to statutory auditors. 38% of financial institutions are targeting full compliance in 2026, indicating widespread gaps. **Evidence:** - Article 58 review due January 17, 2026 - DORA's five pillars: ICT risk management, incident reporting, digital resilience testing, third-party risk, information sharing - 38% of institutions still targeting compliance in 2026 **Strategic Recommendation:** - End of Q1 2026: Complete DORA compliance mapping - Allocate $2-3M to UEM/XDR unified platform - Third-party audits and vendor contract remediation ***