DORA and its significance

DORA, in its own words, "addresses a critical gap in EU financial regulation." The act acknowledges that a lack of operational resilience and consequent ICT incidents can disintegrate the status quo of a financial system, even though an organization has invested adequately in avoiding cyber risk.

Financial institutions are now expected to comply with DORA's strict guidelines for preventing ICT-related events. The guidelines include "protection, detection, containment, recovery, and repair." DORA overtly aims to reduce ICT risks by listing stringent laws for ICT risk management, incident reporting, operational resilience testing, and supervision of third-party risks.

This white paper will help you:

  • Understand why privileged access management (PAM) is essential to achieve DORA compliance and how it helps secure your organization's critical information.
  • Discover how PAM360 enables your organization to deploy effective PAM controls to help you meet the stringent guidelines of DORA.
  • Gain actionable insights and strategies for leveraging PAM360 to enhance your cybersecurity posture.

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Disclaimer: The complete implementation of DORA requires a variety of process, policy, people, and technology controls. The solutions mentioned above are some of the ways in which privileged access management controls help with the DORA requirements. Coupled with other appropriate solutions, processes, people controls, and policies, ManageEngine's PAM solutions can help organizations align with DORA requisites. This material is provided for informational purposes only, and should not be considered as legal advice for DORA compliance. ManageEngine makes no warranties, express, implied, or statutory, as to the information in this material. Please contact your legal advisor to learn how DORA impacts your organization and what you need to do to comply with the DORA compliance.