DORA Compliance: Boost Your Digital Operational Resilience

Welcome to Razorthorn, your trusted partner in achieving comprehensive compliance with the Digital Operational Resilience Act (Regulation (EU) 2022/2554), or DORA. Compliance with DORA will be mandatory from 17^th January 2025. It’s designed to ensure that financial organisations can withstand, respond to and recover from all types of ICT related disruptions and threats.

As the January 2025 deadline approaches, financial organisations must prioritise cybersecurity measures to meet the stringent requirements of DORA. Razorthorn, as an established cybersecurity consultancy, can help empower your organisation to navigate the complexities of DORA, to help ensure operational resilience, data protection and regulatory compliance.

TALK TO US ABOUT DORA COMPLIANCE

DORA compliance helps your organisation to:

Mitigate cybersecurity threats and related risks

Recover from ICT-related disruptions more effectively

Avoid non-compliance fines and penalties

Who will be affected by the DORA compliance regulation?

As noted in Article 2, the Digital Operational Resilience Act applies to the following types of entity:

Credit institutions
Payment institutions, including payment institutions exempted pursuant to Directive (EU) 2015/2366
Account information service providers
Electronic money institutions, including electronic money institutions exempted pursuant to Directive 2009/110/EC
Investment firms
Crypto-asset service providers and issuers of asset-referenced tokens
Central securities depositories
Central counterparties
Trading venues
Trade repositories
Managers of alternative investment funds

Management companies
Data reporting service providers
Insurance and reinsurance undertakings
Insurance intermediaries, reinsurance intermediaries and ancillary insurance intermediaries
Institutions for occupational retirement provision
Credit rating agencies
Administrators of critical benchmarks
Crowdfunding service providers
Securitisation repositories
ICT third-party service providers.

How can Razorthorn help with DORA compliance?

Gap Analysis

We will check your readiness for compliance with DORA

Policy Pack Review

Review of existing (or creation of new) effective policies & procedures

Security Awareness Training

Human error is a significant vulnerability – regular training reduces your risk

Third Party Security Tool Implementation

Objective recommendations for tools specifically suited to your organisation

Continuous Testing

Meet key testing requirements outlined in Chapter IV (Articles 24 – 27) of DORA
See Razor’s Edge for more.

Continuity Plans

Continuity plan & business impact analysis or creation

Penetration Testing

Identify vulnerabilities that could be exploited in your infrastructure, applications or network

Consultancy Services

Take advantage of our experienced team of cyber professionals

DORA Compliance: The Razorthorn Approach

Tailored Solutions

At Razorthorn, we understand the unique challenges financial organisations face when it comes to cybersecurity and regulatory compliance. Our dedicated team of consultants specialises in providing tailored solutions to address the specific requirements outlined in the DORA legislation. By partnering with us, you gain access to our extensive knowledge and experience in the field. This ensures your organisation remains ahead of the curve in this rapidly evolving landscape.

Consulting & Security Tools

Preparing for DORA implementation involves overcoming key challenges that financial organisations commonly encounter. Our cybersecurity service equips you with the necessary tools, strategies and expertise to tackle these challenges head on. Whether it’s developing robust incident response plans, enhancing third-party risk management, or bolstering your organisation’s overall security posture, we provide comprehensive guidance and advice every step of the way.

Creating a Compliance Roadmap

Understanding the distinctions between DORA and existing ICT guidelines is crucial to ensure compliance. Our consultants possess in depth knowledge of both DORA and existing frameworks. This enables us to bridge any gaps and align your cybersecurity practices accordingly. By mapping your existing security measures with DORA requirements, we help you optimise your resources and minimise disruptions during the compliance journey.

Let’s go!

Ready to navigate the complexities of DORA and fortify your organisation’s cybersecurity framework? Contact us today for a consultation and take the first step towards achieving compliance before the January 2025 deadline. Safeguard your operational resilience, protect your sensitive data and secure your future with Razorthorn, your trusted partner in cybersecurity and regulatory compliance.