Preparing for DORA:
Compliance Solutions for Financial Institutions
In the ever-evolving digital landscape, financial institutions face unprecedented cyber threats and IT disruptions. The European Union (EU) has taken a proactive stance to safeguard financial infrastructure with the implementation of the Digital Operational Resilience Act (DORA).
The DORA compliance deadline is January 17, 2025. Now is the time to ensure your institution is prepared.
DORA Explained
Manage IT Risks
Fast Incident Response
Find & Fix Security Gaps
Vet Your Third-Party Partners
Act Now
Who Does DORA Apply To?
DORA casts a wide net, encompassing a diverse range of financial institutions within the EU.
Here’s a breakdown of the institutions covered:
Traditional Institutions
FinTech and Innovation
Supporting Infrastructure
The five Pillars of DORA
How GAT Labs Facilitates DORA Compliance
Pillar 1
Enhanced ICT Risk Management with GAT+
GAT+ enables financial institutions to maintain continuous oversight of their IT environment, crucial for DORA’s ICT risk management mandates.
Our tool offers comprehensive data analytics and reporting capabilities that help you detect potential IT disruptions and respond to data breach threats promptly, ensuring robust governance and oversight of your digital resources.
Pillar 2
Streamlined Incident Reporting with GAT Shield
DORA requires a structured approach to incident reporting, and GAT Shield is specifically designed to address this need.
With GAT Shield, financial institutions can monitor and manage cybersecurity events in real-time, facilitating rapid incident reporting and effective response mechanisms that DORA stipulates for maintaining high cybersecurity standards.
Pillar 3
Operational Resilience Testing with Automated Workflows
Regular testing of digital resilience as mandated by DORA can be seamlessly conducted using GAT Flow.
Our tool automates critical workflows, enabling institutions to test and evaluate their operational resilience frameworks efficiently. This automation helps ensure that all systems and processes are robust enough to withstand IT disruptions and cyber threats.
Pillar 4
Third-party Risk Management through Enhanced Oversight
Managing third-party IT service providers is a significant aspect of DORA compliance.
GAT Labs provides detailed insights into the operations and security posture of your third-party vendors, ensuring that all external partnerships align with DORA’s stringent security requirements and risk management frameworks.
Pillar 5
Secure Network and Information Systems
To comply with DORA’s requirements for network and information system security, GAT Labs offers tools like GAT Shield and GAT Unlock, which enhance the security of your IT infrastructure.
These tools help safeguard sensitive data and ensure that your organization’s network is resilient against cyber threats and vulnerabilities.
Get DORA Ready: Resources and Best Practices
The Ultimate Guide To DORA For Financial Institutions
What is DORA and what does it mean for financial institutions?
This guide offers an in-depth look at how your financial institution can successfully navigate and comply with DORA’s regulations by the 2025 deadline.
The 5 Pillars of DORA: Ensuring Financial Resilience in a Digital Age
DORA establishes a comprehensive framework outlining the 5 Pillars of DORA, designed to strengthen cybersecurity posture and operational resilience for financial institutions. Everything you need to know about them is in this blog.
DORA Compliance Checklist: Your Essential Guide to Success
The Digital Operational Resilience Act (DORA) brings a new set of requirements for financial institutions in the European Union. This blog post introduces the DORA Compliance Checklist, a downloadable tool designed to simplify your DORA compliance journey.
