The integrity of financial systems is more critical than ever. Enter the European Union’s Digital Operational Resilience Act (DORA), designed to strengthen the financial sector’s management of IT and cyber risks. Financial entities – banks and investment firms, for example – and the third-party IT service providers who work with them, will be in scope.
The requirements within DORA are spread across five core pillars: ICT risk management, ICT incident reporting, operational resilience testing, third-party risk management, and information sharing. DORA’s aim is clear: to protect the financial sector against the growing spectrum of IT-related disruptions and threats, to ensure operational continuity, and maintain high levels of consumer trust.
At Climb Channel Solutions, we are dedicated to supporting our channel partners to navigate these complex requirements, so that you – and your customers – can achieve compliance and improve your cyber resilience.
The Role of Technology in Achieving DORA Compliance
Technology is at the heart of DORA compliance. The ability to effectively manage ICT risks, report incidents, conduct resilience testing, manage third-party risks, and manage information sharing securely requires robust and advanced technological solutions. At Climb, we partner with many leading technology partners that operate in the cybersecurity and Governance, Risk, and Compliance (GRC) space to provide comprehensive solutions that address these requirements.
The Climb Advantage: Your Partner in DORA Compliance
Climb supports our partners by equipping you with the right tools and technologies to facilitate DORA compliance. We encourage partners to book a DORA Compliance Consultation with Climb where we cover:
- Identifying Technology Gaps: We evaluate your existing portfolio and identify potential gaps in your current technology stack, highlighting areas where our solutions may strengthen or fill compliance weak spots.
- Providing Tailored Solutions: Each MSP (Managed Service Provider) or organisation’s path to compliance is unique. Climb’s diverse portfolio of vendors and technologies allows us to tailor solutions to meet your and your customer’s specific needs, whether it’s in risk management, incident reporting, resilience testing, or third-party risk management.
- Climb’s Compliance Checklist: To help you and your customers achieve DORA compliance, we’ll run through Climb’s Compliance Checklist with you. This includes best practices for preparing for DORA and improving overall operational resilience, covering areas such as: are all your assets fully inventoried and assessed for vulnerabilities, and what data recovery solutions and procedures do you have in place?
Understanding how DORA will impact your customers is crucial. Our solutions and services ensure you remain the trusted advisor to your customers in meeting this regulation.
Book a DORA Compliance Consultation with Climb
Navigating DORA compliance may seem daunting, but with the right support and tools, it’s both manageable, and achievable. At Climb, we are committed to facilitating this journey for our channel partners. By booking a DORA consultation with us, you can leverage our expertise and technology partnerships to ensure your clients are well-equipped to meet the requirements of this upcoming regulation.
In the meantime, we will also be organising exclusive roundtable compliance discussions to further support you, as well as sharing educational resources which we encourage you to use and share with your customers.
Get in contact with the Climb team today to arrange your bespoke DORA Compliance Consultation.
