Achieving DORA Compliance with Thales DPoD

The Digital Operational Resilience Act (DORA) - Regulation (EU) 2022/2554 (DORA) is a European Union (EU) regulation that establishes a unified framework to ensure the resilience of network and information systems within the financial services sector. Compliance with DORA necessitates high standards in Information and Communication Technology (ICT) risk management, incident reporting, operational resilience testing, and third-party risk management. DORA applies to a broad variety of financial entities across the EU, including banks, investment firms, insurance companies, and even third-party service providers that operate within the financial sector. ICT Service Providers include cloud platforms and data analytics services, even if they are based outside the EU. 

The Thales Data Protection on Demand (DPoD) marketplace offers a range of cloud-based, on-demand data security solutions significantly enhance digital security infrastructures, providing essential tools for organizations to align with DORA requirements. DPoD is designed with a range of resilience features to ensure high availability and business continuity, including a 99.95% SLA. As a third-party vendor, Thales DPoD, is also required to meet DORA standards for service providers, ensuring a cohesive and compliant operational environment. The paper explores these ICT requirements in the context of key certifications including ISO 27001, SOC 2, and CSA STAR Level 2 to convey how DPoD demonstrates a robust security framework and a strong commitment to managing risk and ensuring reliance in the financial sector and beyond.

DPoD is an indispensable tool for financial entities striving to comply with the Digital Operational Resilience Act (DORA). By offering a comprehensive suite of security features and simplifying the management of cryptographic assets, DPoD ensures that organizations can meet DORA’s stringent requirements efficiently and effectively. As a third-party vendor, Thales DPoD itself adheres to DORA standards, providing an added layer of confidence to financial entities relying on their services.