
Context
The EU Digital Operational Resilience Act (DORA) is in force since January 16, 2023. It aims at harmonising and streamlining financial entities’ conduct of ICT risk management. DORA’s origin is in the increased risks arising from the EU financial services sector’s reliance on ICT, as well as in the lack of harmonised EU-level rules on digital operational resilience and the consequent fragmented and inconsistent rules at EU member state level. Financial entities in the European Union (EU) and their critical ICT providers must be ready to comply with DORA by January 17, 2025.
Objectives
At the end of the training session, you will:
be able to understand how your entity may be impacted by DORA from a regulatory, organizational, and operational/technical perspective
have some practical advice on how to comply in a timely manner with the new requirements brought by DORA
Content
DORA'S backgroung
DORA'S five pillars
ICT risk management
ICT related incident managemen, classification and reporting
Digital operational resilience testing
Managing of ICT third party risk
Information sharing arrangements
Upcoming technical standards - what to expect?
How to comply?
Risk management framework
Incident Management process
ICT third party
IT "literature" (policies, procedures and living records)
Focus on some specific technical aspects of DORA
ICT risk management
Assessment
Treatment
Action plan
Incident management
Process
Incident classification
Monitoring
Business Continuity Plans (BCP) concept
Good to know
Language
French
Target
Members of governing/management bodies of regulated entities
Compliance officers and other employees
Where does it take place?
Arendt House
41a Avenue John F. Kennedy
Luxembourg
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