In the context of growing regulatory requirements and dynamic changes in the financial sector, the DORA regulation presents a challenge for payment institutions to adapt to new operational and technological standards.
Key DORA requirements
ICT risk management framework
Payment institutions must develop and implement comprehensive systems for identifying, assessing, and managing risks related to information and communication technology. This is a fundamental component of a digital resilience strategy, helping to minimize operational threats.
ICT incident management system
DORA requires each institution to have effective procedures for handling information security incidents. This includes prompt detection, analysis, and management of incidents to minimize their impact on business operations.
Digital resilience testing framework
Regular testing and assessment of digital resilience are crucial for identifying potential weaknesses in IT systems and ensuring their effective performance even under threat.
ICT third-party risk management
Institutions must monitor and assess risks associated with external technology providers to protect their operations and data from threats stemming from outsourced services.
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