Contact Us About DORA Compliance and DORA Cyber Security Solutions for Financial Institutions
The Digital Operational Resilience Act (DORA) is now being enforced throughout the European Union (EU). The EU DORA regulation mandates sweeping cyber resilience requirements for financial institutions and third-party information and communication technology (ICT) providers. The DORA cyber security regulation’s overarching goal is to safeguard the stability and integrity of the EU's financial system.
Using Delphix by Perforce will help your financial institution protect and recover data as part of DORA compliance. You’ll be able to protect financial data from development, test, and integration environments through live production environments. As a result, you’ll be able to minimize the attack surface, accelerate the testing and deployment of remedial measures, and strengthen DORA cyber resilience.
Contact Delphix today and find out how we can help you:
- Continually identify and remediate software vulnerabilities.
- Move sensitive data compliantly, securely, and cost-effectively.
- Reduce critical business disruption recovery time.
An Overview of the DORA Cybersecurity Regulation’s Goals
The DORA act includes five major mandates:
- DORA Cyber Security Regulation / Risk Management: Financial institutions must conduct thorough risk assessments and implement robust risk management frameworks to identify and mitigate cyber threats.
- DORA Compliance / Incident Classification and Reporting: Organizations are obligated to report cyber incidents to regulatory authorities within a specific timeframe, enabling a timely response and coordination.
- DORA Regulation / Third-Party Oversight: DORA mandates that financial institutions exercise due diligence over their third-party IT service providers, making sure that they follow stringent DORA cyber security standards.
- DORA Cyber Resilience: / Digital Operational Resilience Training: Organizations must conduct regular testing and exercises to assess their resilience to cyberattacks and disruptions.
- DORA Security / Information Sharing: DORA requires the establishment of effective governance structures and oversight mechanisms to manage cyber risks and ensure compliance.
Complying with the DORA EU Regulation
The DORA EU regulation mandates that financial institutions build and implement a right-sized ICT risk management framework that evolves as the business grows and threats change.Complying with the DORA cybersecurity regulation isn’t just a one-time fix. Auditors must continue to ensure that DORA compliance and DORA security are maintained in perpetuity. To make compliance with the DORA act easier, you need the right solution.
Make EU DORA Regulation Compliance Easier with Delphix
You need to prepare to meet the DORA act’s standards today. There is no more time to wait. By using Delphix, your organization can protect financial data, eliminate vulnerabilities, accelerate recovery, and move data securely. Using Delphix will help you meet DORA security and DORA cyber resilience standards.
DORA Cyber Security Regulation: How Delphix Helps
Delphix can help your financial institution comply with the Digital Operational Resilience Act on an ongoing basis by enabling three key actions:
- Continual identification and remediation of software vulnerabilities.
- Reducing critical business disruption recovery time to restore transactional integrity.
- Moving sensitive data compliantly, securely, and cost-effectively.
1. Continual Identification and Remediation of Software Vulnerabilities
The DORA cybersecurity regulation seeks to reduce cybersecurity vulnerabilities across financial institutions. Delphix ensures that organizations meet DORA cyber security requirements. The Delphix data platform virtualizes databases and allows for efficient storage and version control of all virtual databases. This helps organizations identify vulnerabilities in applications and enables swift, reliable application recovery in the event of a cyberattack.
2. Reducing Critical Business Disruption Recovery Time to Restore Transactional Integrity
The DORA EU regulation mandates that financial institutions be able to recover quickly from cyberattacks and other critical business disruptions. A key component of bouncing back and ensuring DORA cyber resilience is the ability to restore the last known good state.
Delphix allows your systems to be restored in a break-fix environment to an exact point in time in a matter of minutes. Systems can be restored down to the individual transaction, irrespective of the data footprint. This greatly reduces the mean time to investigate and allows responder teams to test fixes in isolation before they are applied to production.
3. Moving Sensitive Data Compliantly, Securely, and Cost-Effectively
The Delphix platform helps financial institutions like yours limit access to sensitive data and create an audit trail to comply with the EU DORA regulation. Delphix automatically creates full copies of production datasets with masked data.
Data masking via Delphix reduces the need for data waivers and the use of real production data in non-production environments. This is a critical risk mitigation factor, since non-production environments may be less protected than production environments. With Delphix, you can move sensitive data compliantly, securely, and cost-effectively.
Hear From Delphix Users on Other Compliance Regulations
"Not only does Delphix reduce our risk footprint by masking sensitive data, but we can also give developers realistic, production-like environments."
Delphix Delivers $15M in Average Cost Savings & 40% Higher Productivity
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Request a no-pressure demo today. Find out how Delphix software will help you achieve compliance, quality, and speed — without any trade-offs.