Digital operational resilience act

DORA Consultancy

What is DORA?

DORA, the Digital Operational Resilience Act, applies to various financial service firms, such as credit and payment institutions, investment firms, and cryptocurrency service providers. DORA is structured around five essential pillars, including ICT risk management, incident management, resilience testing, oversight of third-party service providers, and information sharing on cyber threats. Each pillar entails specific requirements detailed in Regulatory Technical Standards (RTS), Implementing Technical Standards (ITS), and guidelines.


How can Smarttech247 help?


At Smarttech247, we recognize the multifaceted challenges posed by DORA and are committed to guiding financial service firms through the complexities of compliance. With our deep understanding of regulatory nuances and extensive experience in the financial sector, we provide tailored solutions to meet the diverse needs of our clients.

Challenges on the Compliance Horizon

As the deadline for DORA compliance looms, financial institutions confront an array of challenges. Resource constraints, lack of expertise, and the need for organisational restructuring pose challenges on the path to compliance. For many companies, the burden of aligning with DORA’s stringent requirements may seem overwhelming. When we meet with CISOs and CIOs, we discuss their compliance requirements and particularly, their challenges when it comes to readiness for DORA. Here are a few challenges that come up in conversation regularly:

Resource Constraints

Many CISOs are grappling with limited resources, including budgetary constraints and staffing shortages, which hinder their ability to dedicate adequate time and personnel to navigating the complexities of DORA compliance. As a result, there is a need of expert consultancy to ease the process.

Data Fragmentation and Classification

CISOs are confronted with the task of managing and classifying vast volumes of sensitive data scattered across disparate systems and platforms to adhere to DORA’s data protection requirements. Security leaders are struggling to identify, classify, and protect sensitive data assets, which is why we are now seeing a shift towards implementing data security posture management solutions to deal with this challenging data problem.

Evolving Threat Landscape

The dynamic nature of cyber threats presents a constant challenge for CISOs tasked with ensuring DORA compliance. As cybercriminal tactics evolve, CISOs must continuously adapt their security strategies, implement proactive threat detection measures, and strengthen incident response capabilities to mitigate the risk of ICT-related incidents and breaches.

Lack of Clarity in Regulatory Guidance

Security leaders are often confronted with ambiguous regulatory guidance, making it difficult to interpret DORA’s requirements accurately. Even though we are months away from the implementation of DORA, we see a lack of clear, prescriptive guidelines and standardised frameworks for compliance assessments – there is a lot of room for interpretation, leading to uncertainty and delays in implementation, which is why security and compliance leaders are still finding it challenging to assess readiness.

Technological Complexity and Legacy systems

Many CISOs are challenged with the formidable task of aligning DORA’s specific requirements with their current technological setups. This creates added complexity. They need to find the gaps, address them and manage them while ensuring continuity. Moreover, many organizations rely on outdated infrastructure and applications that lack native support for contemporary security protocols and controls. CISOs face the challenge of retrofitting legacy systems with robust security measures while ensuring seamless interoperability with newer technologies. However, we also see a lot of organisations undergoing a complete ‘revamp’ of their tech stack with a focus on consolidation and simplification.

Third-Party Dependency

Organizations rely on a vast network of third-party vendors and service providers to deliver essential ICT services and support business operations. Security leaders encounter challenges in assessing and managing the cybersecurity risks posed by third-party entities, including limited visibility into vendor practices, varying levels of security maturity, and the potential for supply chain disruptions. This is why many organisations are outsourcing their Third Party Security Management (TPSM) to ensure that they can deal with the problem more effectively.

How can Smarttech247 help with DORA?


Our team of DORA experts will review your readiness for compliance with DORA. We will help you:

  • Create detailed mapping matrix of DORA and its standards against policies.
  • Review your existing ICT resilience and cyber strategy, management plans, policies,
    procedures, and operations – and their alignment to DORA requirements
  • Score current level of compliance
  • Identify gaps, areas of non-compliance, and areas of partial compliance


Our offensive security experts help you:

  • Test the effectiveness of your resilience plans by performing a Red Team exercise.
  • Identify vulnerabilities that could be exploited in your infrastructure, applications or network.
  • Conduct tabletop incident response exercises to help you test the effectiveness of your IR plan!

Additional Services


Review creation of existing policies & procedures.


We can help you assess and manage your third parties for effective risk mitigation


Continuity plan & business impact analysis or creation


Our experienced team of cyber professionals and GRC (governance, risk and compliance) experts are here to help you every step of the way.

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