The Digital Operational Resilience Act harmonizes the rules relating to operational resilience for the financial sector applying to 20 different types of financial entities and ICT third-party service providers, covering an estimated 22,000 organizations across the European Union.
The new regulation requires financial entities, and their critical ICT suppliers, to implement contractual, organizational, and technical measures to improve the level of digital operational resilience of the sector.
Thales’ solutions can help Financial Institutions and third-party ICT providers comply with DORA by simplifying compliance and automating security reducing the burden on security and compliance teams. They help address essential cybersecurity risk-management requirements, covering ICT Risk Management and Governance, Incident Reporting, and ICT Third Party Risk Management.
