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DORA compliance requirements: Achieve compliance with the Digital Operational Resilience Act Self-Assessment Tool provided by ECOVIS ProventusLaw
The European Union’s (EU) binding Digital Operational Resilience Act (DORA) regulation aims to strengthen the IT security of financial companies such as banks, payment and e-money insurance companies, and investment firms. The EU wants to ensure that the European financial sector remains resilient in the event of a serious digital disruption. DORA came into effect on 16 January 2023 and applies from 17 January 2025.
Increasing digitalisation and networking is exposing the financial sector to a greater risk of information and communication technology (ICT) disruptions, including potentially catastrophic cyber threats. The Digital Operational Resilience Act (DORA), introduced by the EU, sets requirements for managing technology risks, ensuring continuity, and safeguarding data.
To help companies assess and strengthen their digital resilience, ECOVIS ProventusLaw has developed the DORA Compliance Self-Assessment Tool.
We offer financial services companies of all sizes secure preparation for DORA with our Compliance Self-Assessment Tool.Loreta Andziulytė, partner and attorney at law, ECOVIS ProventusLaw, Vilnius, Lithuania
The DORA Compliance Self-Assessment Tool
The ECOVIS ProventusLaw DORA Compliance Self-Assessment Tool provides a detailed analysis of companies’ compliance status and covers essential areas such as ICT risk management, incident reporting, resilience testing and third-party management.
With around 200 targeted questions, the tool ensures a comprehensive review of digital resilience and operational risk management practices. The tool can be used to check and ensure an organisation’s digital resilience and compliance with the EU DORA standards.
For further information please contact:
Loreta Andziulytė, partner and attorney at law, ECOVIS ProventusLaw, Vilnius, Lithuania
Email: loreta.andziulyte@ecovis.lt