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DORA compliance: Fortifying financial security and resilience with Cloudflare

DORA compliance: Fortifying financial security and resilience with Cloudflare

The Digital Operational Resilience Act (DORA) mandates EU financial entities to enhance their ICT risk management, incident reporting, and third-party oversight. Cloudflare provides a comprehensive solution to help banks, investment firms, and other financial institutions meet these stringent requirements efficiently and effectively.

Key Takeaways:

• Comprehensive ICT Risk Management: Implement a robust framework to identify, assess, and mitigate ICT-related risks.
• Streamlined Incident Reporting: Ensure timely and standardized reporting of major ICT incidents to relevant authorities.
• Enhanced Third-Party Oversight: Manage and monitor third-party ICT service providers to ensure compliance with DORA standards.
• Advanced Resilience Testing: Conduct regular digital operational resilience testing, including vulnerability assessments and penetration tests.
• Efficient Compliance Documentation: Maintain comprehensive and up-to-date documentation to support regulatory reviews and audits.
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