Digital Operational Resilience Act for financial institutions
The Digital Operational Resilience Act (DORA) is a significant regulatory initiative introduced by the European Union to enhance the resilience of the financial sector against cyber threats and operational failures. DORA aims to ensure that all financial entities, including banks, exchanges, and other financial institutions, have robust frameworks in place to prevent, detect, and mitigate cyber threats and operational disruptions effectively.
Our DORA Compliance Approach
1. Yearly Penetration Testing of Applications
As part of DORA’s yearly testing requirement, we conduct regular penetration testing of your ICT systems and applications to ensure they are secure and compliant. These tests focus on identifying vulnerabilities in your applications and infrastructure, ensuring that your systems are robust and resilient against cyber threats. Our methodologies are based on best practices, combining automated and manual testing to uncover potential risks and weaknesses.
2. Threat-Led Penetration Testing (TLPT)
While our current engagement focuses on application penetration testing, we also offer Threat-Led Penetration Testing (TLPT), a more advanced, in-depth testing service. TLPT is designed to simulate real-world sophisticated cyber-attacks, testing how resilient your systems are to high-level threats. TLPT is required every three years under DORA, and we recommend scheduling this exercise in the upcoming year, once the final version of DORA is fully published and more regulatory clarifications are provided.
3. TIBER-EU Alignment
For financial institutions, TIBER-EU (Threat Intelligence-based Ethical Red Teaming) is a crucial framework for advanced testing. Tenendo is well-versed in TIBER-EU guidelines, and we offer Red Team assessments that simulate the tactics, techniques, and procedures (TTPs) of real-world adversaries. This testing goes beyond penetration testing, helping your organization identify potential gaps in defence, response capabilities, and detection measures, aligning with DORA’s focus on overall cyber resilience.
4. Continuous Threat Intelligence Monitoring
To support your ongoing resilience, Tenendo integrates continuous threat intelligence into your security operations. We proactively monitor emerging threats in your industry, ensuring that your defences are aligned with the latest cyber trends. This proactive approach is vital for meeting DORA’s requirement for continuous operational resilience and helps prevent security incidents before they occur.
5. DORA Compliance Audits and Gap Analysis
Tenendo offers DORA compliance audits, which involve a thorough review of your current policies, procedures, and infrastructure against the requirements of DORA. This audit identifies any gaps in your cybersecurity resilience and operational processes, providing actionable insights to help you become fully compliant. Our audit covers all aspects of digital resilience, from system health checks to incident response capabilities.
6. Virtual CISO Services
With DORA’s focus on robust governance and risk management, having expert leadership to guide your cybersecurity strategy is crucial. Tenendo offers Virtual CISO (Chief Information Security Officer) services, providing experienced guidance on compliance, security strategy, and risk management. Our Virtual CISO ensures that your organization has a clear security roadmap aligned with DORA, helping you manage compliance and mitigate risks in a continuously evolving digital landscape.
7. Complex, On-demand Solutions
DORA compliance often requires more than just testing—it involves a full range of security and risk management strategies. Tenendo’s complex, tailored solutions address every aspect of DORA, from vulnerability management to third-party risk assessments, ensuring that your organization is resilient to both cyber and operational disruptions. We provide custom solutions based on your organization’s size, complexity, and specific needs, whether you are a bank, a financial institution, or any organization subject to DORA regulations.
Why Choose Tenendo for DORA Compliance?
- Expertise in DORA and Regulatory Compliance: We have deep experience in helping financial organizations meet DORA’s complex requirements, ensuring your systems are resilient, secure, and compliant.
- Tailored Security Testing: Whether it’s yearly penetration testing, TLPT, or TIBER-EU red teaming, Tenendo customizes security testing to fit your organization’s unique needs.
- Proactive Threat Intelligence: We provide ongoing threat monitoring and intelligence, ensuring your systems stay resilient against emerging risks.
- Comprehensive Cybersecurity Solutions: From DORA compliance audits to Virtual CISO services, we offer end-to-end cybersecurity solutions tailored to your needs.
- Hands-On Approach: Tenendo’s hands-on, expert-led services ensure that your organization is prepared to handle real-world threats and meet regulatory requirements.
DORA vs PCI DSS
This comparison of DORA (Digital Operational Resilience Act) and PCI DSS (Payment Card Industry Data Security Standard) examines two essential frameworks that address security and compliance in the financial and digital sectors.
Related Tenendo Services
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