Regulatory Compliance
DORA Compliance and Cyber Resilience Simplified
Strengthen Digital Resilience
DORA mandates that financial entities manage ICT risks across their supply chain. SecurityScorecard automates continuous monitoring, replacing manual questionnaires with proactive, intelligence-driven oversight for total regulatory confidence.
Identify and Classify All Third-Party ICT Service Providers
- Discover every ICT service provider across your ecosystem, including hidden fourth-party and nth-party relationships that traditional methods miss
- Classify suppliers by criticality based on their operational importance and regulatory requirements to focus oversight where it matters most
Meet DORA’s Continuous Risk Assessment Requirements
- Supplement static questionnaires with dynamic, continuously updated security ratings for real-time cybersecurity assessments
- Accelerate due diligence with instant breach likelihood pre-assessments for critical supplier evaluations
- Streamline assessment workflows by replacing manual processes with intelligent automation and integrations
Gain Unprecedented Visibility into ICT Provider Risk
- Monitor third-party security postures 24/7 to identify emerging risks before they become incidents
- Receive real-time alerts on score drops, new vulnerabilities, CVEs, breaches, and security incidents
- Document risk automatically with generated risk assessments and actionable mitigation plans
Accelerate Incident Response and Regulatory Reporting
- Detect breaches and threats across your extended ecosystem, including weaponized vulnerabilities and exposed assets, with supply chain intelligence
- Respond rapidly to incidents with automated detection, alerting, and streamlined reporting workflows
- Deliver executive-ready reports that support senior management and board-level oversight requirements
Frequently Asked Questions (FAQs)
Get comprehensive Regulatory Compliance supportWhat is the Pillar V requirement in DORA?
Pillar V of DORA focuses on ICT Third-Party Risk Management. It mandates that financial entities manage risks from third-party service providers as an integral part of their overall risk framework. This includes continuous monitoring, documented due diligence, and managing the risks posed by fourth-party and nth-party relationships.
How quickly must we report a third-party incident under DORA?
DORA sets a stringent timeline: major ICT-related incidents, including those within your supply chain, must be reported within four hours of detection. This requires automated detection systems, as manual vendor reporting is typically too slow to meet this window.
Does DORA require us to track fourth-party vendors?
Yes. DORA emphasizes that financial resilience can be compromised by concentration risk or hidden dependencies. You must have visibility into the entire supply chain, including the fourth parties or subcontractors your primary ICT providers rely on to deliver their services.
How does SecurityScorecard replace static security questionnaires?
DORA requires continuous resilience, which static questionnaires cannot provide. SecurityScorecard supplements point-in-time assessments with 24/7 security ratings and real-time alerts. This ensures you identify a vendor’s security drift or new vulnerabilities immediately, rather than waiting for an annual review.
Can SecurityScorecard help with DORA’s Operational Resilience Testing?
Yes. By providing Breach Likelihood Pre-Assessments and continuous security data, SecurityScorecard allows you to validate the resilience of your third-party ecosystem under DORA. This data provides the audit trail and evidence needed to demonstrate to regulators that your digital supply chain is up-to-date and tested.
