The landscape of security testing, particularly concerning application and infrastructure penetration tests, has seen a paradigm shift, especially for the financial sector. As of January 2025, the financial industry will be governed by the Digital Operational Resilience Act (DORA). This regulatory framework aims to enhance the sector’s resilience against cyber threats and potential disruptions by introducing stringent regulatory guidelines.
Who Will Be Affected by These Changes?
Financial institutions, including banks, insurance companies, investment firms, and other related entities, will be directly impacted by the DORA regulations. Compliance with these guidelines is essential to ensure the security and resilience of the financial ecosystem, protecting both organizations and their stakeholders.
Processes Undergoing Transformation:
Under the DORA framework, several processes within financial institutions will undergo significant changes. This includes risk management protocols, incident response strategies, business continuity plans, and, notably, the approach to security testing. Organizations will be required to adopt a more comprehensive and proactive stance towards identifying vulnerabilities and mitigating potential threats.
Evolving Approach to Security Testing:
With the implementation of DORA, there will be a heightened emphasis on adopting advanced security testing methodologies that align with regulatory requirements. Traditional approaches to penetration testing for applications and infrastructure will no longer suffice. Financial institutions will need to integrate more robust and adaptive security testing frameworks that align with the evolving threat landscape.
Red Team ENGAGEMENT
The white paper document explores the methodology, testing process, planning, preparation, and expected deliverables.
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