EU - DORA (Digital Operational Resilience Act)

Operational disruptions aren’t just setbacks. They can disrupt entire systems. Financial institutions must be prepared and they must recover fast. The Digital Operational Resilience Act, known as DORA, brings mandatory rules for financial entities across the European Union. The aim is simple but urgent and that is to build digital systems that don’t break easily and if they do, they can recover fast. INTERCERT offers compliance assessment services to achieve DORA compliance and strengthen your digital infrastructure.

What is EU - DORA?

DORA is a regulatory framework from the EU, that ensures financial organizations can handle ICT disruptions such as cyber threats, system failures and third-party breakdowns. It looks at everything such as risk controls, how incidents are reported and how systems are tested and outsourced tech is managed. Resilience is no longer optional, it's the standard.

How to Achieve DORA Compliance?

Here is a general overview of the key steps your organization should follow to achieve DORA compliance:

Pre Assessment

Conduct an initial assessment to determine whether the current process meets the requirements of standards or frameworks.

Scope Identification

Identify the scope to understand inclusions and exclusions, which establishes boundaries, supports, goal achievement, and a clear path to achieving success.

Policy and Procedure Development

Ensures a streamlined workflow, aligning processes to achieve goals while maintaining efficiency and quality.

Technical Solutions Improvement and Implementation

Identify, develop, and implement solutions to meet requirements, improving and optimizing them to remain effective and aligned.

Training and Awareness

Provide training to boost skills, awareness, and understanding of handling tasks, managing risks, and applying the best methods to improve the process and requirements of the standard or framework requirements.

Audit And Assessment

Conduct an audit to examine compliance with standards or framework requirements and provide an assessment report that includes compliance evaluation and improvement areas.