Achieve DORA Compliance with Verimatrix XTD

The Digital Operational Resilience Act (DORA)

Formally known as Regulation (EU) 2022/2554, the Digital Operational Resilience Act (DORA) was implemented in the European Union on January 17, 2023, and will become mandatory for a broad range of financial entities starting January 17, 2025.

DORA addresses risks associated with the use of information and communications technology (ICT) within the financial sector, ensuring that entities have the necessary capabilities to protect, detect, contain, and recover from ICT-related incidents.

Benefits of Verimatrix’s DORA Compliance

The Verimatrix XTD suite offers robust mobile app and web protection solutions that help financial entities comply with DORA’s stringent requirements. By integrating Verimatrix into your cybersecurity strategy, your organization can:

Fortify Company App Security

Strengthen your organization’s defenses against cyber threats for mobile apps and web.

Protect Sensitive Data

Protect critical financial data from unauthorized access and breaches.

Reduce Cybersecurity Risks

Proactively mitigate potential cybersecurity risks before they escalate into sever threats, such as app-related vulnerabilities.

Detect Suspicious Activities Fast

Identify and respond to unusual activities with mobile apps in real-time.

Avoid Non-Compliance Penalties

Stay ahead of regulatory requirements to avoid costly fines.

Who Must Comply with DORA?

DORA applies to a wide array of financial entities operating within the European Union, including credit institutions, payment institutions, investment firms, financial market infrastructures, and third-party service providers crucial to the financial sector.

Compliance is mandatory for all relevant entities, regardless of whether they are physically based within the EU, provided they offer services within EU borders.

Purpose of DORA Compliance

The primary objective of DORA is to enhance the operational resilience of financial organizations, ensuring they maintain their integrity and reliability amid disruptions.

Operational resilience encompasses the ability to safeguard ICT systems and processes that support the continuous provision of financial services, directly or through third-party ICT providers.

Why Choose Verimatrix for DORA Compliance?

Verimatrix XTD’s enterprise mobile app and web protection platform is designed to meet the rigorous standards set by DORA, helping your organization:

Mitigate Operational Risks

Effectively reduce the risks associated with ICT and cyber threats.

Manage Security Incidents Efficiently

Streamline incident response to manage and mitigate impacts promptly.

Strengthen Resilience Against Threats

Enhance your company’s ability to withstand and recover from cyber incidents.

Address Third-Party Risks

Monitor and manage risks associated with third-party service providers, such as supply chain attacks in mobile apps, by securing the entire mobile app ecosystem.

Facilitate Sector Collaboration

Benefit from Verimatrix’s insights gained from monitoring and securing a wide range of financial institutions, to enhance your company’s cybersecurity defenses.

Don’t leave your compliance to chance. Trust Verimatrix XTD to protect your operations, boost your resilience and keep your organization DORA-Ready.

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With Verimatrix XTD you can: