The Digital Operational Resilience Act (DORA) is a significant piece of legislation passed by the European Union(EU) 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.  

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Our expert team is here to guide you through the DORA readiness process, helping your institution enhance operational resilience while staying aligned with regulatory requirements. By addressing DORA’s complexities, including third-party risk management and resilience-building, we empower organizations to meet compliance requirements and strengthen long-term cybersecurity defences. 

• 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 meet regulatory compliance standards. This ensures your cybersecurity operations align with industry 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 align with digital operational resilience 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 meet the supply chain resilience requirements of the Digital Operational Resilience Act
• Compliance Monitoring and Reporting: IARM ensures your institution’s ongoing compliance by providing continuous monitoring. Our detailed reports keep key stakeholders, including the board, informed about your organization’s alignment with regulatory requirements.