DORA
Ensuring operational resilience and Cybersecurity for Financial Institutions
Why DORA matters
The Digital Operational Resilience Act (DORA) underscores the importance of robust risk management for financial organisations. Effective from January 17, 2023, DORA mandates financial institutions to align their operations with its requirements by January 17, 2025. This regulation aims to enhance the cyber resilience of financial entities, ensuring they can manage, monitor, and mitigate non-financial risks efficiently
Step-by-step guide DORA
Download our step-by-step guide to DORA compliance! Find out more about DORA and learn how to prepare the scope of your DORA project, and the project phase of an DORA implementation and audit.
DORA Fit-Gap analyses
Securance conducts the DORA Fit Gap analysis in accordance with the main topics and sub-topics below, which will also be reflected in the Fit-Gap report.
ICT Risk Management (art. 5 to 16)
- Governance provisions
- ICT Risk Management Framework
- Technical requirements (identify, protect, detect, response, recovery, ....)
ICT-related incidents (art. 17 to 23)
- ICT related incident management process
- Classification of ICT-related incidents and cyber threats
- Reporting of major ICT-related incidents to authorities
Digital operational resilience testing (art. 24 to 27)
- Digital operational resilience testing programme
- Range of relevant tests
- Threat led penetration testing
Managing of ICT Third-Party risk (art. 28 to 44)
- General requirements (including register of 3rd-party providers and key contractual provisions)
- Oversight of the critical ICT third-party service providers.
Our expert analyses all applicable laws and regulations for the client
Our expert assesses the extent to which the client complies.
Our expert defines the action plan for compliance
Our expert implements the action plan in accordance with best practices
Our expert ensures that the client has the tools to remain compliant in the future.
Frequently Asked Questions
What is DORA?
DORA is a comprehensive regulation focused on strengthening the digital operational resilience of financial institutions within the EU. It sets stringent requirements for ICT risk management, periodic testing of digital resilience, and the management of risks related to outsourcing to critical third parties
Why is DORA important for my organisation?
With increasing digital dependencies, financial institutions are more vulnerable to cyberattacks and data breaches. DORA provides a structured framework to enhance their cyber resilience, ensuring they can withstand, respond to, and recover from ICT-related disruptions.
Why start as soon as possible?
Early adoption of DORA’s requirements allows organisations to identify and address potential gaps in their ICT risk management practices. Starting now ensures compliance by the 2025 deadline and positions your organisation to handle emerging threats more effectively.
What our clients say
Laura Wessemius-Chibrac
Jean-Paul van Haarlem
Chief Executive Officer ONVZ
Richard de Groot
Our Partners
Securance as your DORA partner
At Securance, we believe in maintaining robust internal controls and promoting integrity within business operations. Our services are tailored to meet the stringent requirements set by regulatory bodies, ensuring your organisation is always compliant and resilient. As your dedicated implementation partner, we bring deep expertise and a proven track record in successfully managing risk and compliance challenges across various industries.
