Hermetix helps financial institutions across Europe meet DORA’s stringent digital risk and resilience requirements—ensuring continuity, security, and compliance in a connected world.
The Digital Operational Resilience Act (DORA) is an EU-wide regulation that mandates financial entities to withstand, respond to, and recover from all types of ICT-related disruptions and threats. Unlike previous frameworks, DORA enforces operational resilience as a legal obligation—not just a best practice.
It applies to a wide range of institutions, including:
Banks and credit institutions
Insurance and reinsurance companies
Investment firms
Payment and e-money institutions
Crypto-asset service providers
ICT third-party service providers (TPPs)
DORA is built on five key pillars:
1. ICT Risk Management
2. Incident Reporting
3. Operational Resilience Testing
4. ICT Third-Party Risk Management
5. Information Sharing and Governance
We begin with a structured audit of your current controls, processes, and documentation. This helps identify where you stand today relative to DORA requirements. Our reports include actionable insights prioritized by risk and regulatory impact, enabling you to allocate resources efficiently and avoid penalties.
DORA requires institutions to manage ICT risks across the entire lifecycle of their systems. We help you implement a formal ICT risk management framework, including risk identification, mitigation plans, control testing, and periodic evaluations. We align these frameworks with global standards like ISO 27001 and NIST.
DORA mandates near-immediate reporting of major ICT-related incidents. We work with your team to develop and test response plans, classify incidents appropriately, and automate alerting and escalation workflows. Our solutions help you respond faster, limit impact, and meet strict reporting timelines.
The countdown to DORA enforcement has already begun. Financial institutions across the EU must demonstrate compliance by January 17, 2025. Given the scope and complexity of the regulation, early action is essential.
Failing to meet DORA requirements can result in:
Hermetix helps you stay ahead of the curve—ensuring you're compliant, protected, and prepared for the future.
Let's jump on a free consultation call to discuss how we can protect and drive growth to your business with technology.