
Context
The European Digital Operational Resilience Act (DORA) has been in force since January 16, 2023. It aims to harmonize and streamline the conduct of financial entities in managing ICT-related risks. The origin of DORA lies in the increased risks stemming from the reliance of the EU financial services sector on ICT, as well as the lack of harmonized rules at EU level on digital operational resilience and fragmented rules and inconsistent results at EU Member State level. European Union (EU) financial entities and their major ICT suppliers must be ready to comply with DORA by January 17, 2025.
Goals
At the end of the training, you:
be able to understand how your entity may be impacted by DORA from a regulatory, organizational and operational/technical point of view
have practical advice on how to comply in a timely manner with the new requirements brought by DORA
Content
DORA's background
The five pillars of DORA
ICT risk management
Management, classification and reporting of ICT incidents
Digital Operational Resilience Test
Third-party ICT risk management
Terms of information sharing
Upcoming technical standards - what to expect?
How to comply?
Risk management framework
Incident management process
Third party ICT
IT "literature" (policies, procedures and living files)
Focus on some specific technical aspects of DORA
ICT risk management
Assessment
Treatment
Action plan
Incident management
Process
Classification of incidents
Surveillance
Concept of business continuity plans (BCP)
Where does it take place?
Arendt House
41a Avenue John F. Kennedy
Luxembourg
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