Course Sheet: DORA (Digital Operational Resilience Act) Foundation

Duration: 1 Day
Target Audience: Financial professionals, compliance officers, IT specialists, risk managers

Course Overview
The Digital Operational Resilience Act (DORA) aims to enhance the resilience of the European financial sector against digital risks and operational disruptions. This course provides participants with a foundational understanding of DORA, its implications, and practical applications within their organizations.

Learning Objectives
By the end of the course, participants will be able to:

1. Understand the background and key objectives of DORA.
2. Recognize the main components and requirements of the regulation.
3. Assess their organization's readiness for compliance with DORA.
4. Implement strategies to enhance operational resilience in line with DORA.

Agenda

Introduction to DORA
- Overview of the financial regulations landscape
- Importance of digital resilience
- Goals and objectives of DORA

Key Provisions of DORA
- Scope of application: Who is affected?
- Definitions of key terms (e.g., incident, ICT risk)
- Overview of the requirements (e.g., risk management, reporting)

Risk Management and Governance Framework
- Establishing a sound operational resilience framework
- Roles and responsibilities within organizations
- Importance of governance and culture in digital resilience

Incident Reporting and Management
- Procedures for incident reporting
- Developing response strategies and recovery plans
- Case studies on incident management

Third-Party Risk Management
- Understanding the implications of outsourcing
- Requirements for managing third-party risks
- Best practices for vendor risk assessment

Roadmap to Compliance
- Assessing your organization’s current state
- Steps to compliance with DORA
- Resources and tools for implementation

Interactive Discussion and Q&A
- Open floor for questions and dialogue
- Sharing best practices and experiences with DORA

Methodology
- Lectures and presentations
- Group discussions and case studies
- Interactive Q&A sessions

Materials Provided
- Course handbook with key takeaways
- Access to supplementary resources and reading materials
- Letter of completion