Is your organization prepared for the
Digital Operational Resilience Act (DORA)?
Achieve Full DORA Compliance with Ease
using Automated Third-Party Risk Management
ProcessBolt streamlines risk assessments and integrates continuous attack surface monitoring, offering real-time insights into your vendors’ security—ensuring your company stays compliant with DORA and safeguarded from potential threats.
Preparing for the Digital Operational Resilience Act:
Third-Party Risk Management
Are you ready to tackle the Digital Operational Resilience Act (DORA)?
This groundbreaking EU regulation is set to transform how financial firms manage their digital risks and third-party relationships. As the Digital Operational Resilience Act timeline approaches, it’s crucial to understand its far-reaching impact on your organization’s cybersecurity practices and governance structures.
DORA compliance isn’t just about ticking boxes; it’s about strengthening your digital resilience in an increasingly interconnected financial ecosystem.
Understanding DORA’s Scope and Impact
The Digital Operational Resilience Act (DORA) establishes a unified approach to managing Information and Communication Technology (ICT) risks within the financial sector across the European Union. By consolidating and updating existing rules, DORA addresses gaps and inconsistencies in legislation to bolster digital operational resilience. It recognizes that ICT incidents can threaten the stability of the entire financial system, regardless of the adequacy of capital to cover traditional risk categories.
A key aspect of DORA is its focus on third-party risk management, as external vendors play a critical role in the security of financial entities. DORA establishes uniform requirements for ICT risk management, major incident reporting, resilience testing, and information sharing on cyber threats. It also enforces robust measures for managing ICT third-party risk—making it clear that securing your vendor relationships is as vital as safeguarding your own systems. Without a strong third-party risk management framework in place, financial institutions may fall short of DORA’s stringent compliance standards, leaving them vulnerable to external threats.
Click to Download the White Paper
January 17, 2025
The Digital Operational Resilience Act (DORA) Compliance Deadline
See a 360 view
of your security posture 24/7
Ensure your vendor network remains secure and fully compliant with The Digital Operational Resilience Act (DORA) by automating vendor risk assessments and continuously monitoring attack surface data in real-time. Achieve peace of mind as your risk management process operates seamlessly and effectively, without the hassle of manual oversight, keeping your organization both resilient and DORA-compliant.
VENDOR RISK ASSESSMENTS
ProcessBolt is a fully integrated platform that automates the extraction of intelligence directly from vendor policy documents to populate security assessments. It correlates this data with the vendor’s attack surface intelligence, drastically reducing assessment timelines from weeks to minutes.
FULLY AUTOMATED ASSESSMENT PROCESS
Purpose-built, automated workflows help you eliminate spreadsheet management while improving accuracy
ADAPTABLE
Build a custom assessment or leverage our robust library of templated questionnaires such as NIST, ISO, SIG, ESG, DORA, GDPR, and HIPAA
CONTINUOUSLY MONITORING
ThreatScape Attack Surface Management platform protects against gaps in your company’s and your vendors’ digital ecosystem by identifying and monitoring internet-facing assets in real-time.
ENTERPRISE BENEFITS
Identify risks that may not be uncovered in the vendor risk assessment process or risks that surface in between assessments
REAL-TIME ALERTS
Monitor your enterprise, and your vendors, and receive alerts in real-time regarding adverse changes in security posture and actionable intelligence to remediate the issues
EXTRACT INTELLIGENCE
DocAI eliminates the need to read the full text, by using deep natural language processing to extract intelligence from vendor evidentiary documentation as part of the assessment process. Our patent pending technology allows teams to focus on the results instead of spending time reading through countless documents.
AI SUPPORTED QUESTIONS AND ANSWERS
Ask any English language question to a single document or a series of documents, and DocAI answers the question and highlights where the answer was found
DOCUMENT SUMMARIZATION
DocAI uses natural language processing and machine learning to understand the content and structure of a document, and then generates a summary that captures the essence of the original text
VENDOR ASSESSMENT RESPONSE SOLUTION
AUTO-RESPONSE
Proprietry AI technology allows you to quickly auto populate assessments and RFPs from previous responses, ensuring consistency and alleviating redundant work
SHARE CENTER PRE-EMPTIVE INFORMATION SHARING
Includes a data warehouse, which enables sharing of key documents at any time with customers
Trusted by Top Companies
for Third-Party Risk Management
ProcessBolt’s best-in-class platform
provides instant verification and continuous security
%
SECURITY BREACHES ARE RELATED TO THIRD PARTIES
AVERAGE COST OF A SECURITY BREACH
%
EXPECTED INCREASE IN THIRD PARTY RELATED INTRUSIONS
See ProcessBolt’s best-in-class VRM process yourself
Sign up to speak to a security expert and receive a personalized demo to see what ProcessBolt can do for you.
FEATURES & BENFITS
Unified Platform
Assessments, attack surface data and risk policy documents are correlated to verify your supply chain network
Proprietary
Tools and data are built in-house. Most competing solutions buy their data, meaning they have no control over timeliness or accuracy and alerts are not real-time
Resource Focused
A single person can manage the entire vendor risk management process with the ability to communicate and delegate between vendors or teammates as needed
Trust But Continuously Verify
Expert derived correlations continuously ensure vendors are doing what they say 24/7
Trust & Security
Your data remains securely within our environment, fully under your control, and is never used for training large language models
No Hidden Fees
One price – no hidden service or user fees
Customizable
Customize workflows, assessments and risk tolerance to fit your organizations needs and provide a unique program for each customer
Zero Hallucination
If our DocAI tool is less than 99% certain about an answer, it won’t provide one to protect you from incorrect responses or misleading information being sent to a vendor
Compliance Ready
Customized workflows for NIST, SIG, ISO, HIPAA, CCPA, GDPR, CMMC, SOX, DORA and more
