Summary
This document is a solution brief that outlines the Digital Operational Resilience Act (DORA), an EU regulation aimed at enhancing cybersecurity and resilience among financial institutions and their third-party service providers. DORA emphasizes a continuous risk management approach rather than a compliance-based framework, focusing on operational resilience to withstand cyber threats while ensuring service continuity. The regulation applies to all financial entities in the EU, including banks and insurance companies, as well as their critical third-party technology providers globally. The document details how DORA's requirements extend to ICT vendors, necessitating their compliance with operational resiliency tests. Additionally, it presents Trellix's services designed to assist organizations in achieving DORA compliance through incident detection, advanced security controls, and the establishment of an Information Security Management System (ISMS). The brief also discusses specific assessments and solutions offered by Trellix to address the challenges posed by the DORA regulation.
