5 domains, 14 requirements. Digital operational resilience for financial services.
The Digital Operational Resilience Act (DORA) is an EU regulation that establishes a comprehensive framework for digital operational resilience in the financial sector. It applies to banks, insurance companies, investment firms, and their critical ICT third-party service providers.
DORA focuses on five key pillars: ICT Risk Management, Incident Reporting, Digital Operational Resilience Testing, Third-Party Risk Management, and Information Sharing. Full compliance is required from January 2025.
DORA covers 5 domains that ShieldIQ assesses comprehensively.
Financial entities shall have in place an internal governance and control framework that ensures effective and prudent m...
Financial entities shall establish and implement an ICT-related incident management process to detect, manage, and notif...
Financial entities shall establish, maintain, and review a sound and comprehensive digital operational resilience testin...
Financial entities shall manage and monitor risks arising from contractual arrangements with ICT third-party service pro...
Financial entities may exchange amongst themselves cyber threat information and intelligence in order to enhance their d...
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