DORA: Strengthen Operational Resilience in Financial Services
DORA (Digital Operational Resilience Act) mandates strict protection of Information and Communication Technology systems in the financial sector. It requires financial entities to implement robust risk management frameworks and minimize their exposure by continuously monitoring third-party apps and scripts. However, with third- and fourth-party dependencies on financial websites and platforms constantly evolving, maintaining compliance can be an ongoing challenge.
How Reflectiz helps organizations
adhere to the DORA requirements and
keep their users’ data safe
|
Requirement |
Reflectiz Solution |
|---|---|
|
ICT Risk Framework |
Reflectiz’s system identifies potential ICT risks to allow for quick detection and mitigation. |
|
Third-Party Risk Management |
Offers complete mapping of scripts and trackers requiring due diligence, helping to ensure that only DORA-compliant providers handle critical or important functions. |
|
Proportionality and Minimum Necessary |
The Reflectiz Privacy Dashboard detects unnecessary or unauthorized third-party data collection and automatically flags scripts that continue tracking users after consent has been withdrawn. |
|
Resilience Testing |
Audits and highlights discrepancies in cookie/tracker classifications against the publicly disclosed Privacy Policy. Updates logs and offers reporting capabilities |
Reflectiz’s fully remote scanning architecture is designed to meet DORA’s strict ICT resilience and security requirements
Security Insights
Streamline regulatory compliance to avoid data violations and hefty fines
Gain a comprehensive map of all active third-party components on your website. This map reports and exports directly to your privacy and legal teams, all sorted by specific sensitive actions, such as: User inputting data; Specific network requests; Identify third-parties that track your users’ activity without cookies’ consent; Detect which third-parties obtain users’ geo-location, camera, and microphone permissions without consent; Cross-domain trackers; Ensure all third-parties meet GDPR/CCPA privacy regulations.
