News/

DORA: The New Frontier of Operational Resilience for the Financial Sector

Starting January 17, 2025, the Digital Operational Resilience Act (DORA) will become applicable, bringing significant changes for financial entities across the European Union. Already in effect since January 16, 2023, this regulation marks a decisive step towards ensuring greater security and operational resilience against rising digital risks.

 

What is DORA, and why is it important?

DORA introduces a common regulatory framework that strengthens risk management and promotes a culture of digital resilience. Its guidelines focus on five key pillars:

 

  • Digital risk management: Implementing procedures to identify and mitigate technological vulnerabilities.
  • Cyber incident management: Mandating the classification, notification, and response to critical events.
  • Digital operational resilience testing: Conducting regular checks to ensure system performance and security.
  • Third-party risks: Monitoring and controlling external ICT service providers.
  • Threat information sharing: Encouraging cooperation among entities to address common risks.

With the publication of Regulatory Technical Standards (RTS) expected by 2025, the regulation will provide further operational details to ensure a smooth transition to compliance.

 

Yarix: your partner for DORA compliance

Among its requirements, DORA mandates continuous technical testing, requiring specialized and in-depth expertise. At Yarix, we offer comprehensive support to financial entities with tailored solutions.

Our key services include:

  • Vulnerability Assessment
  • Penetration Testing
  • Secure Code Review
  • Physical Security Assessment
  • Scenario-based Testing

 

Internal checks are not enough

For larger organizations, it is mandatory to periodically engage an external partner for Threat-Led Penetration Tests (TLPT). These tests, conducted by external experts, ensure rigorous and regular analysis of digital resilience. With our innovative approach and advanced expertise, Yarix performs threat analyses and advanced simulations, ensuring the highest effectiveness in operational resilience testing.

 

DORA: an opportunity to strengthen security

DORA is not just a regulatory obligation but also an opportunity to enhance digital security and ensure greater operational continuity. With Yarix’s expertise and innovative solutions, we help companies turn this challenge into a competitive advantage.

 

Are you ready to tackle the challenges of DORA? Contact us today for a preliminary assessment.