What is the DORA Regulation?
The DORA Regulation (Digital Operational Resilience Act) will come into effect on January 17, 2025, and is mandatory for companies in the financial sector and related industries within the EU. It requires organizations to strengthen their digital operational resilience to better defend against cyberattacks and system failures. The goal is to ensure the robustness of critical IT systems so they operate reliably and remain fully functional even during crises.
Why the DORA Regulation is critical
The DORA Regulation is a key part of the EU's cybersecurity strategy and establishes stringent requirements for the security and resilience of IT systems. It applies to industries such as:
- Banks and insurance companies
- Investment firms
- Securities companies
- Financial service providers
Failing to comply can lead to significant fines and reputational damage.
Email Security in Focus under DORA
Email communication remains a primary target for cyberattacks, such as phishing or payloadless attacks. Organizations must:
- Implement advanced threat detection to stop attacks early.
- Ensure secure archiving to maintain data integrity and enable quick recovery in critical situations.
- Establish efficient processes for data deletion and recovery to meet regulatory requirements.
Challenges in Collaboration Security
In addition to email security, protecting collaboration tools has become increasingly vital, as cyberattacks often exploit human vulnerabilities such as social engineering. Organizations should:
- Monitor access rights and data sharing in real time.
- Create risk profiles for employees to minimize human errors.
- Deploy AI-powered protection to detect unusual activities early.
How Mimecast Helps Your Business Meet DORA Requirements
Mimecast supports businesses in meeting DORA requirements with comprehensive email and collaboration security solutions. With AI-driven threat detection, Mimecast protects against cyberattacks such as phishing and payloadless attacks. Secure cloud archiving ensures compliance with regulations, fast data recovery, and efficient data deletion. Additionally, Mimecast ensures uninterrupted system availability and enhances your organization’s digital resilience in alignment with DORA mandates.
Learn how Mimecast can help your business meet DORA requirements.
Related Resources on DORA Requirements
Note that the following resources are applicable to Germany only.