Achieving DORA compliance: Strengthening your security and resilience with bluesource

The Digital Operational Resilience Act (DORA) compliance is essential for financial institutions to ensure resilience against cyber threats and operational disruptions. At bluesource, we recognise the challenges businesses face in meeting these requirements. With our expertise in risk management, cybersecurity, and operational resilience, we provide tailored solutions to help strengthen your security and minimise risks. In this article, we’ll explain how bluesource can assist you in achieving DORA compliance and enhancing your overall security posture.

What is DORA?  

The Digital Operational Resilience Act (DORA) is a regulatory framework established by the European Union to enhance the resilience of financial entities against digital and cyber threats. It aims to ensure that financial institutions can withstand, respond to, and recover from ICT-related incidents and operational disruptions, with an ever-growing cyber threat landscape and the interconnected nature of the financial sector.

With compliance required by January 17, 2025, financial institutions must embed operational resilience into their processes to meet these regulatory standards and protect their ecosystems.  

Key requirements for DORA

1. ICT Risk Management: Financial entities must implement robust policies and controls to mitigate risks associated with information and communication technologies.
2. Third-Party Risk Management: Rigorous assessments and continuous monitoring of ICT third-party service providers are required to ensure they meet resilience standards.
3. Incident Reporting and Response: Entities must have processes in place for timely detection, classification, and reporting of ICT-related incidents.
4. Operational Resilience Testing: Regular stress tests and simulations to validate preparedness and identify vulnerabilities.
5. Information Sharing: Collaboration and transparency between entities to share insights on emerging threats and best practices.

How we support you

At bluesource, we recognise the importance of DORA and are committed to supporting clients on their compliance journey. Our approach is built on our robust ISO 27001:2022-certified Information Security Management System (ISMS) and a proven track record of operational excellence.  

Here’s how we align with DORA’s key pillars:  

1. ICT Risk Management: We maintain comprehensive risk management policies, regularly reviewed and tested to mitigate ICT risks effectively.  
2. Third-Party Monitoring: Our ISMS extends to all key service providers, with regular reviews, risk assessments, and contractual security controls to ensure compliance.  
3. Incident Reporting: We provide timely notifications—typically within 24 hours—helping clients meet their regulatory obligations while safeguarding their systems.  
4. Operational Resilience Testing: bluesource conducts disaster recovery and business continuity simulations every six months, ensuring robust preparation for potential disruptions.  
5. Information Sharing: We foster collaboration and transparency, sharing insights on emerging threats and best practices to strengthen resilience across the sector.  

Partner with bluesource  

DORA is not just about compliance—it’s about embedding resilience into the core of your operations. At bluesource, we’re here to help you navigate these new requirements and ensure your business is prepared for the future.  

Through our expertise in ICT services, including IaaS, SaaS, and backup solutions, we provide tailored support to meet DORA’s demands while delivering enhanced operational security and confidence.  

For a deeper dive into how bluesource can support you on your road to Dora compliance check out the below.