Certified DORA Foundation and Lead Auditor Combination Training Course

DORA (Digital Operational Resilience Act) is a new European framework that focuses on embedding a more robust and resilient approach to delivering digital capabilities in financial markets.

The framework’s purpose is to help financial services companies ensure they can maintain resilient operations through severe operational disruption caused by cyber security and ICT issues.

The DORA risk management framework builds on previous industry-specific guidelines and introduces a single consistent supervisory approach. It aims to harmonise security and resilience practices across financial services companies operating in the EU and their ICT providers.

DORA applies to more than 22,000 financial entities and ICT service providers operating within the EU, as well as the ICT infrastructure supporting them from outside the EU. The Act introduces specific and prescriptive requirements for all financial market participants including (but not limited to) banks, investment companies, insurance undertakings and intermediaries, crypto asset providers, data reporting providers and Cloud service providers.

DORA defines requirements around consistent ICT risk management, comprehensive resilience testing capabilities (including threat-led penetration testing) and third-party risk management, ensuring a consistent provision of services across the entire value chain.

The five key topics at the centre of DORA are:

• ICT risk management;
• Reporting on ICT-related incidents;
• Digital operational resilience testing;
• Management of third-party risk; and
• Information and intelligence sharing.

The Act is unique in introducing an EU-wide oversight framework on critical ICT third-party providers, as designated by the European supervisory authorities.

DORA entered into force on 16 January 2023. With a two-year implementation period, financial entities will be expected to be compliant with the Act by early 2025. Audits and inspections could happen before the compliance deadline and may be conducted by the same auditors that judge compliance with other regulatory standards.

There are no prerequisites for this course as it includes the C-DORA F. However, to be awarded the C-DORA LA certificate, the C-DORA F exam must be passed.

We recommend reading DORA – A Guide to the Digital Operational Resilience Act before attending this course.

• Managers and professionals in risk management, compliance, audit, ICT and related functions who are responsible for evaluating an organisation’s DORA compliance status.
• Managers and professionals responsible for preparing an organisation for regular audits and for improving or remediating systems and processes to ensure compliance.
• People working for ICT third-party service providers that supply technology services to financial institutions operating in the EU.
• People committed to their continuing professional development with an interest in cyber security best practice.

The instructor-led combination course takes six days.

You can find out everything you need to know about booking and managing your course online here. Our training experts will be happy to answer any questions in person.

Access will be provided 20 days before the course start date or upon booking, whichever is earlier.