DORA Compliance

We empower businesses like yours to achieve and excel in DORA Compliance.

What’s DORA?

The Digital Operational Resilience Act (DORA) is a significant regulatory initiative by the European Commission (EU) aimed at enhancing the cybersecurity measures within the EU financial services sector. With an effective date set for January 2025, DORA mandates crucial steps to fortify the resilience of key participants in the financial system against the escalating threats of cyber-attacks and other risks.

More about DORA you can read here.

What is DORA and what does it mean for you company?

Key Requirements for DORA Compliance

Companies falling under DORA’s purview are obligated to meet five primary requirements:

  1. Incident Response Plan: Firms must develop a detailed incident response plan, outlining the definition of a cyberattack, appropriate employee responses, and procedures for restoring operations following a security breach.
  2. Cybersecurity Program: A comprehensive cybersecurity program, including risk assessments of potential cyber threats and corresponding mitigation plans, is mandated.
  3. Security Controls: Companies must maintain robust security controls over their digital infrastructure, encompassing encryption, authentication, access controls, audit trails, monitoring systems, event management systems, and incident response plans.
  4. Incident Reporting: Timely reporting of incidents is required, allowing regulators to assess vulnerabilities and provide recommendations for enhancing security postures.
  5. Continuity of Service: Establishing a plan to ensure the continuity of service during disruptions is essential for compliance.

Timeline for implementing legislative acts

DORA Compliance

How can we help you be DORA-compliant?

  • We will check special requirements for your organization
    • Don’t worry. We will diligently ensure that your company adheres to all legal requirements without any cause for concern.
  • Build an Operational Resilience Strategy
    • We can create a detailed plan for how your organization will respond to cyber threats, data breaches, and other operational disruptions. 
  • Regularly Review and Update Your Resilience Strategy
    • This will allow you to make informed decisions and adjustments to improve the effectiveness of your operational resilience strategy over time.
  • Secure Your Data
    • Make sure you have the right tools and plans in place to protect customer data. Follow the data protection rules, especially those outlined in the General Data Protection Regulation (GDPR), which are applicable to EU Member States.
  • Run a Risk Assessment of Your Organization
    • A risk assessment of your entire organization and its extended supply chain will give you a better understanding of which parts are vulnerable to cyber threats. Use automated solutions to help identify and assess any possible risks. 
  • Perform Regular DORT and Pen Testing
    • DORA compliance requires regular penetration testing every three years. With Z3X, you don’t need to worry about it.
  • Automate Threat Detection
    • To stay DORA-compliant, you need effective tools that can quickly detect and notify you about any unusual activities, potential incidents, or cyber-attacks. This involves setting up automated threat-detection solutions with enough resources and capabilities, as specified in Article 10 of DORA.
  • Conduct Employee training
    • We can educate your employees on the importance of cybersecurity and how to protect your organization from cyber threats.
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DORA’s Impact and What It Means for You

Impacts on Industries:

  1. Increased Efficiency: DORA’s decentralized structure eliminates single points of failure, leading to enhanced system reliability and reduced downtime. Industries adopting DORA can expect increased operational efficiency, ultimately translating into higher productivity.
  2. Cost Savings: The decentralized nature of DORA reduces the need for intermediaries and minimizes operational costs. This cost-effectiveness makes DORA an attractive option for businesses looking to streamline their processes and allocate resources more efficiently.
  3. Innovation Acceleration: DORA facilitates collaborative innovation by providing a platform for developers and businesses to contribute to the ecosystem. This open environment fosters creativity, accelerates technological advancements, and propels industries forward.

Impacts on Employment:

  1. Job Transformation: While DORA may automate certain tasks, it also creates new opportunities for employment. The need for skilled professionals in areas like blockchain, cybersecurity, and robotics programming is likely to surge, presenting individuals with avenues to upskill and adapt to the evolving job market.
  2. Focus on Creativity and Critical Thinking: As routine tasks get automated, the human workforce can redirect their efforts towards creative and critical-thinking activities. This shift can lead to a more fulfilling work experience and contribute to the development of a workforce that excels in uniquely human skills.

What It Means for You:

  1. Personal Empowerment: Individuals can benefit from the increased efficiency and cost savings brought about by DORA. This may result in more affordable goods and services, as well as opportunities for personal and professional growth in emerging fields.
  2. Digital Literacy: With the rise of decentralized technologies like DORA, there is an increasing need for digital literacy. Understanding blockchain, automation, and decentralized systems can empower individuals to navigate and participate in this evolving technological landscape.

FAQ

1. What is DORA, and how can it benefit my company?
DORA, or DevOps Research and Assessment, is a leading authority in measuring and improving DevOps performance. By leveraging proven metrics and assessments, DORA helps organizations enhance collaboration, increase efficiency, and achieve better business outcomes through effective DevOps practices.

2. What is the DORA assessment process like?
The DORA assessment involves a comprehensive evaluation of your organization’s DevOps practices. Our experts analyze key metrics and indicators, providing valuable insights into areas of strength and opportunities for improvement. The process is collaborative, informative, and geared towards driving positive change.

3. How does DORA benchmark organizations against industry standards?
DORA benchmarks organizations against a set of industry-leading standards derived from extensive research. This comparison allows you to understand how your DevOps practices stack up against industry peers, providing a clear roadmap for improvement and growth.

4. Can DORA provide customized solutions based on assessment results?
Absolutely. DORA doesn’t believe in one-size-fits-all solutions. Upon completion of the assessment, we offer personalized recommendations, strategies, and best practices tailored to your organization’s unique challenges and goals.

5. What training and resources does DORA offer to improve DevOps capabilities?
DORA provides a range of training programs and resources designed to help organizations enhance their DevOps capabilities. From workshops to educational materials, we empower your teams with the knowledge and skills needed to drive continuous improvement.

6. How do I get started with DORA?
Getting started is easy! Simply reach out through our contact page to schedule a consultation. Our team will guide you through the process, answer any additional questions you may have, and discuss the best approach for your organization.

7. How can I stay updated on DORA’s latest insights and developments?
Stay connected with us! Subscribe to our newsletter and follow us on social media to receive the latest updates, industry insights, and news from DORA. We’re committed to keeping you informed about the ever-evolving landscape of DevOps.

For any other inquiries or specific questions, feel free to contact us directly. We’re here to help you on your DevOps journey!