Digital COE - Operational Resilience

DORA Regulation with 64 Articles effective from arranged in 9 chapters effective from 17th January 2023, applicable from 17th January 2925.

Specifying ICT risk management tools, methods, processes, and policies and the simplified ICT risk management framework.

Laying down implementing technical standards for the application of [Regulation (EU) 2022/2554 of the European Parliament and of the Council with regard to the standard forms, templates and procedures for financial entities to report a major ICT-related incident and to notify a significant cyber threat.

Establishing the oversight fees to be charged to Critical ICT third-party service providers.

To harmonize the conditions enabling the conduct of the oversight activities.

Specifying the criteria for the classification of ICT-related incidents and cyber threats, setting out materiality thresholds and specifying the details of reports of major incidents.

Laying down implementing technical standards for the application of Regulation (EU) 2022/2554 of the European Parliament and of the Council with regard to standard templates for the register of information.

Specifying the criteria for determining the composition of the joint examination team ensuring a balanced participation of staff members from the ESAs and from the relevant competent authorities, their designation, tasks, and working arrangements

Establishing the criteria for the designation of ICT third-party service providers as critical for financial entities.

Specifying the detailed content of the policy regarding contractual arrangements on the use of ICT services supporting critical or important functions provided by ICT third-party service providers.

Specifying the criteria used for identifying financial entities required to perform threat-led penetration testing, the requirements and standards governing the use of internal testers, the requirements in relation to scope, testing methodology and approach for each phase of the testing, results, closure and remediation stages and the type of supervisory and other relevant cooperation needed for the implementation of TLPT and for the facilitation of mutual recognition

Specify the elements which a financial entity needs to determine and assess when subcontracting ICT services supporting critical or important functions.

Specifying the content of the reports and notifications for major ICT-related incidents and significant cyber threats and the time limits for reporting of these incidents.