The Digital Operational Resilience Act (DORA) is a significant piece of legislation passed by the European Union to enhance the cybersecurity resilience of financial institutions. The act aims to safeguard both financial entities and their customers against increasing cyber threats and potential operational disruptions, ensuring that the sector remains robust and secure in the face of evolving risks.  

Explore our comprehensive guide on navigating DORA compliance and building digital resilience. Read now – Understanding DORA Compliance: Key Steps for Financial Institutions.

At IARM Information Security, our team of qualified professionals offers the expertise needed to guide your organization through DORA compliance. We ensure that your financial institution is fully prepared to meet regulatory standards and achieve optimal operational resilience. Our offerings include: 

• DORA Gap Assessment: IARM helps you assess your current cybersecurity posture in line with DORA’s requirements. By identifying existing gaps, we provide a roadmap to address areas of improvement and ensure full regulatory alignment. 
• Policy and Procedure Development: With IARM’s expertise, we support your institution in crafting and implementing cybersecurity policies and procedures tailored to DORA’s compliance framework. This ensures that your cybersecurity operations are aligned with regulatory expectations. 
• Risk Assessment and Management: IARM provides a comprehensive ICT risk management service, identifying and prioritizing your organization’s cybersecurity risks. Our team develops tailored risk management strategies to help mitigate potential threats and enhance resilience. 
• Incident Response Planning and Testing: IARM assists in developing customized incident response plans that meet DORA’s standards. We test these plans to ensure your team can effectively respond to cyber incidents, minimizing their impact on operations. 
• Third-Party Risk Management: We recognize the importance of managing third-party risks. IARM works with you to evaluate and manage the cybersecurity risks associated with third-party vendors and suppliers, ensuring they comply with DORA’s supply chain resilience requirements. 
• Compliance Monitoring and Reporting: IARM ensures your institution’s ongoing compliance with DORA by offering continuous monitoring. Our detailed reports keep key stakeholders, including the board, informed about your organization’s alignment with regulatory requirements.