EU Financial Services: Achieve DORA Compliance with HCLTech
DORA Compliance
Overview

Demystifying the Digital Operational Resilience Act

In the ever-evolving landscape of technology and digital innovation, ensuring digital services’ stability, security and continuity have become paramount. Recognizing this criticality, the Digital Operational Resilience Act (DORA) emerges as a transformative regulatory framework designed to fortify the resilience of your digital infrastructure, including its posture. With its comprehensive approach and forward-thinking provisions, DORA paves the way for a resilient and thriving digital ecosystem, fostering trust, protection and efficiency for businesses and consumers alike.

DORA Framework: Key Pillars
Services

Navigate the DORA Requirements with Confidence

HCLTech's and GRC practice offers regulatory compliance services. This service is a combination of philosophies, practices, automation and orchestration that enhances an organization's ability to comply with DORA regulatory requirements against all five pillars — reliably and quickly.

Regulatory compliance management (CRO/CCO office)

Regulatory compliance management (CRO/CCO office)

HCLTech provides essential support for DORA compliance within Regulatory Compliance Management. These services empower organizations to enhance their regulatory compliance frameworks, manage risks proactively, and uphold regulatory standards effectively.

Enterprise risk management (CRO/DPO office)

Enterprise risk management (CRO/DPO office)

HCLTech provides essential support for DORA compliance and offers comprehensive Enterprise Risk Management services for the CRO/DPO office, focusing on designing and implementing risk frameworks aligned with DORA ICT requirements, assessing critical business impacts, managing third-party risks effectively, and enhancing security through critical/PII data discovery and classification.

Cybersecurity services (CISO/CIO office)

Cybersecurity services (CISO/CIO office)

HCLTech provides essential support for DORA compliance within Cybersecurity Services for the CISO/CIO office. They specialize in threat intelligence, vulnerability management, incident response, threat-based penetration testing, operational resiliency including BCP and DR, and security awareness training. These services enable organizations to bolster their cybersecurity defences, respond effectively to incidents, and ensure compliance with regulatory requirements, enhancing overall security resilience.

Key Requirements

Governance & Organization

Governance & Organization

Key Internal Controls & governance structures to be well defined including risk management responsibility toward management board level.

ICT Risk Management Framework

ICT Risk Management Framework

Well defined ICT Risk management framework which must be periodically reviewed & audited.

ICT Incident Management

ICT Incident Management

Consistent & well expedited reporting of major security incident to competent authorities

Digital Operational Resiliency Testing

Digital Operational Resiliency Testing

Robust & comprehensive testing plan including threat led penetration testing for critical systems once in 3 years or before as directed by authorities.

ICT Third Party Risk Management

ICT Third Party Risk Management

Deploy third party risk management for monitoring outsourcing agreements, special attention for critical third parties.

Information Sharing

Information Sharing

Mechanism to share information between financial institutions in relation to cyber threat.

Our Strategy

Build a Secure Digital Foundation with HCLTech

HCLTech is your trusted partner in ensuring your organization's compliance with DORA regulations and in facilitating smooth reporting to governing bodies. Our dedicated team assesses your current preparedness, proposes strategic solutions tailored to your unique business environment, and helps to bolster your existing capabilities to achieve complete DORA compliance. Connect with an HCLTech Ideapreneur today to discover how our robust and customized compliance solutions can help supercharge progress on your path to regulatory success.

750+

Global customers

7,000+

Experienced and certified engineers

25+

Years of mature security practice

50+

Collaborative partner alliances

6

CSFCs and 3 emerging satellite centers

Adoption Timelines

 
2020

September 24, 2020
First draft of DORA published by European Commission

2021/22

November 10, 2022
European Parliament voted in favour
November 28,2022
European Council adopted DORA
Reporting on ICT- related Incidents

2023

January 16, 2023
DORA entered into force

2024

Regulatory and implementing technical standards issued by ESAs

2025

January, 2025
Timeline for entities to be DORA compliant

Awards and Recognitions

HCLTech Positioned as a Leader in ISG Provider Lens Cybersecurity - Solutions and Services - Strategic Security Services U.S., U.K., Nordics -2023

HCLTech Positioned as a Leader in Everest Group Identity and Access Management (IAM) Services PEAK Matrix® Assessment 2023

HCLTech positioned as a Leader in Avasant Risk and Compliance Services 2023 RadarView

 

Suggested FAQ questions:

In the ever-evolving landscape of technology and digital innovation, ensuring digital services’ stability, security and continuity have become paramount. Recognizing the criticality of these aspects, the Digital Operational Resilience Act (DORA) emerges as a transformative regulatory framework designed to fortify the resilience of your digital infrastructure. With its comprehensive approach and forward-thinking provisions, DORA paves the way for a resilient and thriving digital ecosystem, fostering trust, protection and efficiency for businesses and consumers alike.

  • Information and Communication Technology (ICT) Risk management.
  • Information and Intelligence Sharing
  • Reporting on ICT- related Incidents
  • Digital operational resilience testing
  • ICT Third Party Risk management

To facilitate seamless adherence to the Digital Operational Resilience Act, we offer various innovative solutions, including cutting-edge technologies such as advanced monitoring and analytics platforms that provide real-time insights into digital systems, enabling proactive identification and mitigation of potential vulnerabilities.

  • DORA – Deployment approach
  • Full gap analysis
  • Classification
  • Implementation
  • Response and recovery strategy
  • Control compliance monitoring
  • Complete

The Digital Operational Resilience Act (DORA) emerges as a transformative regulatory framework designed to fortify the resilience of your digital infrastructure. With its comprehensive approach and forward-thinking provisions, DORA paves the way for a resilient and thriving digital ecosystem, fostering trust, protection and efficiency for businesses and consumers alike.

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