Discuss PRMIA 8020 Exam Topic 2 Question 4

The DORA act's full name is which of the following?

ADomain for Operational Risk Act.

BDigital Operational Risk Act.

CDaily Operational Resilience Act.

DDigital Operational Resilience Act.

Suggested Answer: D

Definition of DORA

The Digital Operational Resilience Act (DORA) is a regulation by the European Union (EU) aimed at strengthening the digital resilience of financial institutions.

It establishes a regulatory framework for managing information and communication technology (ICT) risks in the financial sector.

Key Objectives of DORA

Ensures that financial institutions can withstand, respond to, and recover from cyber threats and ICT-related disruptions.

Introduces standards for risk management, incident reporting, and third-party ICT risk oversight.

Why Other Answers Are Incorrect

Option

Explanation

A . Domain for Operational Risk Act.

Incorrect -- No such regulation exists under this name.

B . Digital Operational Risk Act.

Incorrect -- The official name is Digital Operational Resilience Act (DORA).

C . Daily Operational Resilience Act.

Incorrect -- DORA is not focused on daily operations but rather long-term digital resilience.

PRMIA Reference for Verification

PRMIA Risk Governance & Digital Resilience Standards

European Commission's Official DORA Regulation

Get Premium 8020 Questions as Interactive Web-Based Practice Test or PDF Real Exam Format Detailed Explanations Instant Access Get Your Practice Test

30 comments · newest first

Herman 10 months ago

Wait, is it really called that? Sounds too long!

Fausto 11 months ago

100% agree, it's D!

Malinda 11 months ago

No way, it's the Digital Operational Risk Act!

Yuette 11 months ago

I thought it was the Daily Operational Resilience Act?

Carry 11 months ago

It's definitely the Digital Operational Resilience Act.

Chau 12 months ago

I thought DORA stood for "Domain for Operational Risk," but now I'm questioning if that's even a real act.

Kiley 12 months ago

I vaguely recall a practice question that mentioned operational risk, but I can't remember if it was specifically about DORA.

Jarod 12 months ago

I remember studying something about operational resilience, so I feel like it might be option D, "Digital Operational Resilience Act."

Stefany 1 year ago

I think the DORA act is related to digital operations, but I'm not sure if it's "Digital Operational Risk" or "Digital Operational Resilience."

Ling 1 year ago

I'm a bit confused by this question. The options all sound pretty technical and similar. I'll have to guess on this one and hope for the best.

Myra 1 year ago

Okay, let me break this down step-by-step. The key is figuring out what DORA stands for. Digital Operational Resilience Act makes the most sense to me based on the information provided.

Annabelle 1 year ago

Hmm, I'm not totally sure about this one. I'll have to think it through carefully. The options seem pretty similar, so I'll need to really focus on the key details to get this right.

Ria 1 year ago

I'm pretty sure the answer is D. The DORA act is related to digital operational resilience, so that seems like the most likely full name.

Aja 2 years ago

Digital Operational Resilience Act, huh? Sounds like the kind of thing that would keep our tech-savvy grandparents up at night. But hey, I'll go with it!

Jannette 2 years ago

↳ replying to Aja

I agree, that sounds like the most fitting option.

Alecia 2 years ago

↳ replying to Aja

I think it's D) Digital Operational Resilience Act.

Maryln 2 years ago

I'm not sure, but I think it's C) Daily Operational Resilience Act.

Denny 2 years ago

Okay, let's see... Daily Operational Resilience Act? That doesn't sound quite right. I'm going with the Digital Operational Resilience Act. Gotta keep up with the times, you know?

Merilyn 2 years ago

Hmm, I was thinking it was the Domain for Operational Risk Act, but that doesn't really make sense. D it is!

Marica 2 years ago

↳ replying to Merilyn

D it is then!

Arlette 2 years ago

↳ replying to Merilyn

Yeah, I'm going with D as well.

Stevie 2 years ago

↳ replying to Merilyn

I agree, D seems like the most logical choice.

Casie 2 years ago

↳ replying to Merilyn

I think it's the Digital Operational Risk Act.

Barrett 2 years ago

I agree with Kiley, D) Digital Operational Resilience Act makes sense.

Kiley 2 years ago

I think the answer is D) Digital Operational Resilience Act.

Ashlyn 2 years ago

The DORA act seems like a mouthful, but I bet it's all about making our digital operations more resilient. I'm going with D, Digital Operational Resilience Act.

Nieves 2 years ago

↳ replying to Ashlyn

Yes, DORA focuses on strengthening digital operational resilience.

Ezekiel 2 years ago

↳ replying to Ashlyn

I also believe it's D, Digital Operational Resilience Act.

Ben 2 years ago

↳ replying to Ashlyn

I agree, it's important to ensure our digital operations are resilient.

Ronald 2 years ago

↳ replying to Ashlyn

I think you're right, DORA stands for Digital Operational Resilience Act.

PRMIA 8020 Exam - Topic 2 Question 4 Discussion