DORA aims to protect financial institutions from cyber threats and operational failures by mandating rigorous risk management practices, incident reporting, and regular resilience testing. The act also requires oversight of third-party service providers. By enhancing the digital resilience of the financial sector, DORA seeks to ensure the stability and integrity of financial markets, safeguard customer data, and maintain public trust in financial services. This proactive approach addresses the evolving cyber risks and operational challenges faced by the industry.