Understanding and Implementing the Digital Operational Resilience Act (DORA) (C2517)
In this seminar about understanding and implementing DORA, you will learn to navigate the complexities of the Digital Operational Resilience Act (DORA). The course provides practical knowledge and tools to implement DORA's mandates effectively, covering ICT risk management, incident response, and third-party oversight, all crucial for financial stability and security.
Table of Contents for the course Understanding and Implementing DORA
- About Understanding and Implementing DORA Course:
- Who Should Attend
- Understanding and Implementing DORA Course: Key Learning Objectives
- Understanding and Implementing DORA Course Curriculum
- Meet the Trainer
- Understanding and Implementing DORA Course Fees & Registration Details
- Testimonials From Past Participants
- FAQs – Frequently Asked Questions
- Other Upcoming Courses
About Understanding and Implementing DORA Course:
With the enforcement of the Digital Operational Resilience Act (DORA), businesses are required to adopt stringent standards to ensure the stability and security of their operations.
As regulatory requirements become more complex, the demand for professionals skilled in DORA compliance is escalating. This seminar bridges the gap in training by providing participants with practical knowledge and tools to implement DORA’s mandates effectively.
Register via the Ermis Portal using the course code: 551710.
Course Understanding and Implementing DORA Timetable
Who Should Attend
This seminar is designed for professionals across the financial services sector and related industries who are responsible for or involved in ICT risk management, compliance, and operational resilience. The course is particularly suitable for:
- Risk Managers and Compliance Officers: Professionals tasked with ensuring their organization adheres to regulatory requirements, including ICT risk management and incident reporting.
- IT and Cybersecurity Professionals: Those responsible for implementing and managing ICT systems, cybersecurity strategies, and resilience testing within financial institutions.
- Senior Management and Executives: Board members, executives, and senior managers who need to understand their responsibilities under DORA and oversee the organization’s risk management strategies.
- Legal and Regulatory Advisors: Legal professionals and consultants advising financial institutions on compliance with EU regulations, including DORA, and other related regulatory
Understanding and Implementing DORA Course: Key Learning Objectives
By the end of the seminar, participants will be able to:.
- Understand the core components of DORA: Explain the key elements and requirements of the Digital Operational Resilience Act, including ICT risk management, incident reporting, and third-party oversight.
- Identify the regulatory landscape: Describe how DORA fits within the broader context of EU financial regulations and its relationship with other relevant laws such as GDPR, PSD2, and NIS2.
- Recognize the impact of ICT risks: Understand the potential consequences of ICT-related incidents on financial institutions and the wider economy.
- Understand the role of management bodies: Explain the responsibilities of the management body in ensuring compliance with DORA, including oversight and risk management.
- Analyze real-world case studies: Assess previous ICT failures in the financial sector and evaluate how DORA could have influenced outcomes.
- Develop an ICT risk management framework: Create and implement a DORA-compliant risk management framework tailored to their organization.
- Execute incident response plans: Design and execute incident response and reporting procedures that meet DORA’s stringent requirements.
- Conduct third-party risk assessments: Perform thorough assessments of third-party ICT providers and integrate them into the organization’s risk management strategy.
- Implement resilience testing: Plan and conduct operational resilience tests, including penetration testing and disaster recovery simulations.
- Prepare compliance documentation: Compile and maintain the necessary documentation and records to demonstrate compliance with DORA to regulatory authorities.
Understanding and Implementing DORA Course Curriculum
Chapter 1 | Introduction to DORA
- Overview of DORA
- Definition and scope of DORA
- History and development of the regulation
- Key objectives of DORA in enhancing digital resilience in financial services
Chapter 2 | Detailed Breakdown of DORA Requirements
- ICT Risk Management Framework
- Incident Reporting and Management
- Third-Party Risk Management
- Operational Resilience Testing
Chapter 3 | Implementation Challenges and Best Practices
- Implementation Roadmap
- Common Challenges
- Best Practices
Chapter 4 | Pros and Cons of DORA
- Pros:
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- Enhanced digital resilience and security across the financial sector o
- Standardized ICT risk management practices within the EU
- Increased confidence among stakeholders and customers
- Cons:
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- Increased regulatory burden, especially for smaller financial entities
- Potential costs associated with compliance (e.g., technology upgrades, staffing)
- The complexity of coordinating across multiple jurisdictions and third-party providers
Chapter 5 | Real-World Applications
- In-depth analysis of organizations that have faced ICT disruptions and how DORA might have influenced their outcomes
- Examples of successful DORA implementation strategies
- Lessons learned from recent cybersecurity breaches and ICT failures
Chapter 6 | Future Trends and Ongoing Compliance
- Emerging threats in the ICT landscape and how they may influence DORA
- Potential updates to DORA and related regulations
- The role of AI and machine learning in enhancing operational resilience
- Ongoing Compliance
- Strategies for continuous compliance with DORA
*This training program is designed to support continuing professional development (CPD). Participants are encouraged to verify with their professional body or regulatory authority whether the training meets their individual or institutional CPD requirements.
Understanding and Implementing DORA Course Fees & Registration Details
Testimonials From Past Participants
FAQs – Frequently Asked Questions
Is this seminar eligible for 7 CPDs ?
Is it feasible to implement this seminar only for my company?
I have show interest to this course, how I know my spot has been booked?
This seminar may be approved for up to 7 CPD units in Financial Regulation. Eligibility criteria and CPD Units are verified directly by your association, regulator, or other bodies win hich you hold membership.
Yes, we do offer the possibility of tailor made seminars. Feel free to contact us to discuss your training and development needs further.
Only registration via the Ermis Portal are considered final and guarantee. For further assistance on how to apply via Ermis Portal, feel free to contact us.
