Inflectra and DORA Compliance: Enhancing Digital Operational Resilience

13-Jan-2025 by Thea Maisuradze Company News

The Digital Operational Resilience Act (DORA) establishes a comprehensive framework for ensuring the digital resilience of financial institutions and ICT service providers across the EU. By addressing ICT risk management, incident reporting, operational resilience testing, and third-party oversight, DORA aims to secure financial stability and safeguard consumers in a rapidly digitizing world.

As a leading ICT service provider, Inflectra is committed to enabling organizations to achieve DORA compliance by the January 17, 2025, deadline. With advanced tools, including Spira, and Rapise, the Inflectra Platform provides modular solutions to meet and exceed DORA requirements, all while enhancing security and operational efficiency.

Inflectra’s Role in Supporting DORA Compliance

Inflectra offers tailored solutions to financial institutions and ICT service providers, enabling them to navigate DORA’s requirements efficiently. Designed for seamless integration across cloud and on-premise environments, the Inflectra platform equips organizations to proactively address risks, streamline compliance processes, and strengthen digital resilience.

 

How the Inflectra Platform Meets DORA’s Requirements

Advanced ICT Risk Management

DORA Requirement: Develop comprehensive frameworks to identify, assess, and mitigate ICT risks.

Inflectra Solutions Support:

  • Centralized Risk Monitoring: The platform consolidates ICT risk data from multiple sources into a unified risk dashboard, providing real-time insights.

  • Automated Risk Controls: Features pre-configured workflows for escalations, remediation, and alerts, ensuring timely action on critical risks.

  • Custom Risk Frameworks: Support for custom risk assessment models (e.g., NIST), allowing financial institutions to adopt frameworks aligned with DORA and other standards.

  • Data Encryption and Logging: Ensures secure storage of risk data with AES-256 encryption and immutable audit logs for regulatory audits.

 

Seamless ICT Incident Reporting

DORA Requirement: Ensure prompt, standardized reporting of significant ICT incidents.

Inflectra Solutions Support:

  • Incident Management Modules: Provides an incident repository with fields mapped to DORA-compliant templates, ensuring rapid and accurate reporting.

    • Key Features: Severity classification, root cause analysis, and customizable SLAs for resolution.

  • Automated Notifications: API-driven integration with SIEMs (Security Information and Event Management) tools allows real-time synchronization of incident updates.

  • Traceability Matrix: Links reported incidents to requirements, enabling end-to-end traceability and ensuring compliance during audits.

 

Comprehensive Operational Resilience Testing

DORA Requirement: Conduct advanced testing, including threat-led penetration tests (TLPT), to ensure resilience.

Inflectra Solutions Support:

  • Threat Simulation: Use Rapise, an advanced automation platform, to simulate cyberattacks across multiple vectors, such as SQL injection, phishing, and DDoS attacks.

    • Capabilities: Simulate complex attack chains, such as lateral movement within networks, using real-world threat scenarios.

  • Continuous Testing Frameworks: Integrates with CI/CD pipelines to automatically test system resilience during development.

 

Proactive Third-Party Risk Management

DORA Requirement: Monitor and mitigate risks from ICT third-party providers.

Inflectra Solutions Support:

  • Automated Due Diligence Workflows: Streamlines risk assessments with pre-configured templates for DORA-compliant third-party evaluations.

    • Data Points Captured: Vendor certifications (e.g., ISO 27001), operational metrics, and incident history.

  • Secure Vendor Portals: Allows vendors to submit documentation and status updates securely.

 

Robust Governance and Oversight

DORA Requirement: Implement senior management oversight for ICT risks and compliance.

Inflectra Solutions Support:

  • Customizable Dashboards: Visualize key compliance and risk metrics, enabling real-time insights for senior decision-makers.

  • Role-Based Access Control (RBAC): Ensures only authorized personnel can access sensitive compliance and risk data.

  • Audit-Ready Reporting: Supports the generation of governance reports.

 

Inflectra’s Broader Compliance Ecosystem

Beyond DORA, the Inflectra Platform supports compliance with a range of global standards:

  • GDPR: Provides tools for personal data mapping, data protection assessments, and record-keeping compliance

  • ISO 27001: Ensures robust information security and disaster recovery protocols.

For more information, contact sales@inflectra.com or visit Inflectra's DORA Compliance Policy