The Digital Operational Resilience Act (DORA)
Staff Awareness E-learning Course - EU's DORA regulation explained
Global digitisation, combined with unprecedented changes to the financial services business model is demanding industry and digital modernisation. To remain competitive, financial services institutions must embrace new business models alongside cyber resilience.
Cyber resilience refers to the ability to protect electronic data and systems from cyberattacks, as well as to resume business operations quickly in case of a successful attack.
The DORA Regulation
The Digital Operational Resilience Act (DORA) has come into force since 16th January 2023 in the European Union (EU).
Due to the magnitude of changes this recent regulation implies, a two-year period is granted to companies in scope to become fully DORA compliant.
This newly adopted EU regulation is dedicated to the financial sector industry, as well as information and communication technology (ICT) providers.
DORA will require new governance and risk management frameworks, raise standards in terms of operational resilience testing (“pentest”), set new criteria and processes for incident notifications to the regulator while enhancing information sharing within the industry.
Last but not least, DORA will impose new provisions within contracts with ICT providers. Specific obligations will apply to critical ICT providers, such as cloud services providers.
Course curriculum :
More than 4 hours of HD videos, case studies and quizzes
- Introduction to cybersecurity and digital operational resilience
- Cyber Resilience & Incident Management
- Articulate the appropriate communication strategy
- Designing and Executing a Mitigation Strategy
- The DORA Regulation
- Why DORA
- Which financial institutions will be affected
- The 5 pillars of DORA
- How to prepare and be compliant
- NIS2 (Network and Information Systems Directive) and DORA
- Introduction to MiCA (Markets in Crypto-Assets) regulation