DORA Compliance with BetterQA: Your Trusted Partner
As financial entities across the EU prepare for the enforcement of the Digital Operational Resilience Act (DORA) in 2025, achieving compliance has never been more crucial. Digital Operational Resilience Act mandates robust ICT risk management, vulnerability testing, and reporting measures. Let BetterQA be your trusted partner in this journey, offering cutting-edge solutions powered by the Honeywell Cyber Insights tool.
Start DORA Compliance NowDORA Timeline
Entry into force of Digital Operational Resilience Act
Application of Digital Operational Resilience Act
Start of the Oversight Activities for the ESAs (incl.CTPPs designation)
Understanding the Digital Operational Resilience Act (DORA)
Why DORA Matters for Financial Services
The Digital Operational Resilience Act (DORA) is a comprehensive EU regulation that establishes uniform requirements for the security of network and information systems supporting business processes of financial entities.
DORA aims to consolidate and upgrade the digital operational resilience requirements for financial entities and ICT third-party service providers, ensuring the EU financial sector can withstand all types of ICT-related disruptions and threats.
Non-compliance can result in significant penalties, regulatory scrutiny, and reputational damage. The enforcement date of January 17, 2025 makes immediate preparation essential.
Five Key DORA Pillars
- ICT Risk Management: Comprehensive framework for managing information and communication technology risks
- Incident Reporting: Mandatory reporting of major ICT-related incidents to relevant authorities
- Operational Resilience Testing: Regular testing including advanced threat-led penetration testing
- Third-Party Risk Management: Enhanced oversight of ICT third-party service providers
- Information Sharing: Mechanisms for sharing cyber threat information and intelligence
Key DORA Compliance Requirements
ICT Risk Management
- ICT risk management framework
- Risk appetite and tolerance definition
- ICT asset inventory and classification
- Business continuity planning
- Regular risk assessments
- Security monitoring and logging
Incident Management
- Incident response procedures
- Major incident reporting (within 4 hours)
- Root cause analysis
- Recovery time objectives
- Lessons learned documentation
- Regulatory notification processes
Resilience Testing
- Threat-led penetration testing
- Red team exercises
- Vulnerability assessments
- Scenario-based testing
- Recovery testing
- Third-party testing oversight
Third-Party Oversight
- Critical third-party identification
- Contractual arrangements
- Multi-sourcing strategies
- Exit strategies
- Ongoing monitoring
- Sub-contracting oversight
Information Sharing
- Cyber threat intelligence sharing
- Industry collaboration
- Incident notification
- Best practices sharing
- Regulatory communication
- Cross-sector coordination
Documentation & Reporting
- Comprehensive documentation
- Regular reporting to management
- Regulatory submissions
- Audit trail maintenance
- Testing results documentation
- Compliance evidence
DORA Compliance Challenges Financial Entities Face
Time Pressure
With enforcement beginning January 17, 2025, organizations need sufficient time to implement comprehensive compliance programs, conduct required testing, and establish necessary processes.
Complex Requirements
DORA's technical standards are complex and require specialized expertise in cybersecurity, risk management, and regulatory compliance that many organizations lack internally.
Third-Party Dependencies
Managing and overseeing ICT third-party providers requires new contracts, monitoring capabilities, and risk assessment processes that must be implemented quickly.
Advanced Testing Requirements
Threat-led penetration testing (TLPT) and red team exercises require specialized cybersecurity expertise and tools that most financial entities don't have in-house.
Documentation & Reporting
Extensive documentation requirements and incident reporting obligations need robust processes, systems, and governance structures that take time to implement.
Resource Constraints
Building internal DORA compliance capabilities requires significant investment in people, technology, and processes, straining budgets and resources.
BetterQA's DORA Compliance Solution
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Our DORA compliance services are enhanced by cutting-edge technology partnerships that deliver superior results.
Advanced threat intelligence and cybersecurity insights that enhance our DORA compliance testing and risk assessment capabilities.
Rapid Compliance Assessment
Comprehensive gap analysis against DORA requirements with actionable remediation roadmap and timeline.
Implementation Support
Expert guidance and hands-on support for implementing DORA compliance programs, processes, and controls.
Advanced Testing
Specialized threat-led penetration testing and red team exercises using cutting-edge tools and methodologies.
Third-Party Assessment
Comprehensive evaluation and ongoing monitoring of ICT third-party service providers and their risks.
Comprehensive DORA Compliance Services
DORA Readiness Assessment
- Current state assessment against DORA
- Gap analysis and risk evaluation
- Compliance roadmap development
- Priority action planning
- Resource requirement analysis
ICT Risk Management
- Risk management framework design
- ICT asset inventory and classification
- Risk appetite definition
- Business continuity planning
- Security monitoring setup
Threat-Led Penetration Testing
- Advanced penetration testing
- Red team exercises
- Social engineering assessments
- Physical security testing
- Vulnerability management
Incident Response
- Incident response planning
- Major incident procedures
- Regulatory reporting processes
- Crisis communication planning
- Recovery procedures
Third-Party Management
- Critical provider identification
- Risk assessment processes
- Contract review and negotiation
- Ongoing monitoring frameworks
- Exit strategy development
Training & Awareness
- DORA compliance training
- Cybersecurity awareness
- Incident response training
- Board and executive briefings
- Ongoing education programs
DORA Compliance Success Story
A major EU investment bank needed comprehensive DORA compliance preparation with tight timelines and complex regulatory requirements across multiple business lines and ICT systems.
DORA Solution: Implemented comprehensive DORA compliance program including risk management framework, threat-led penetration testing, third-party oversight, incident response procedures, and regulatory reporting systems with Honeywell Cyber Insights integration.
Result: Achieved full DORA compliance ahead of enforcement date with robust operational resilience capabilities and regulatory confidence.
Why Choose BetterQA for DORA Compliance
Years of financial services cybersecurity and compliance expertise
Success rate in regulatory compliance implementations
Cybersecurity and compliance experts ready to support DORA
Rapid deployment to meet January 2025 deadline
The BetterQA DORA Advantage
Unlike generic compliance consultants, we combine deep financial services expertise with advanced cybersecurity capabilities and cutting-edge tools like Honeywell Cyber Insights.
Result: Faster DORA compliance implementation, superior threat protection, and regulatory confidence that enables business growth.
Ready for DORA Compliance? Partner with BetterQA
With DORA enforcement beginning January 17, 2025, proper preparation is essential. Partner with BetterQA for expert DORA compliance services powered by Honeywell Cyber Insights.
Schedule DORA AssessmentFree assessment • DORA compliance roadmap • Expert implementation support
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