DORA for Executives Training

This program is designed to equip executives (including Management Bodies) in the financial sector with the essential understanding and strategies needed to navigate the landscape of digital operational resilience. Participants will delve into the core provisions, responsibilities, and implementation strategies outlined in the Digital Operational Resilience Act (DORA).

By following this training, executives will be equipped with the knowledge and resources needed to fulfil their responsibilities under DORA and contribute to the digital operational resilience of their organisations.

At the end of the course, the participants must be able to:

• Understand the key provisions and objectives of DORA.

• Recognize the importance of digital operational resilience in the financial sector.

• Familiarise executives with the Management body's specific responsibilities outlined in DORA.

• Learn practical strategies for implementing DORA compliance within their organisations.

• Address any concerns or questions regarding DORA and its implications.

• Introduction to DORA

• • Overview of DORA and its significance in EU financial regulation.

  • Explanation of why DORA was implemented and its objectives.

• Key Provisions of DORA

• Detailed exploration of the main components of DORA, including:

• • ICT risk management framework

  • ICT-related Incidents Management, Classification, and Reporting

  • Digital Operational Resilience Testing

  • ICT Third-Party Risk Management

  • Information and Intelligence Sharing

  • Policy on arrangements with ICT third-party service providers

  • Discussion on the implications of these provisions for financial institutions.

• Responsibilities of the Management Body

• • Examination of the specific responsibilities of the management body as outlined in DORA. (Especially in Article 5).

  • Clarify each responsibility and its importance in ensuring compliance and operational resilience.

• Implementation Strategies

• • Practical strategies for implementing DORA compliance within financial institutions.

  • Guidance on establishing adequate governance arrangements, policies, and communication channels.

  • Recommendations for allocating resources and budget for digital operational resilience needs.

  • Tips for fostering a culture of digital operational resilience within the organisation.

• Q&A and Discussion

• • Open forum for executives to ask questions and discuss any concerns or challenges related to DORA.

  • Opportunity for sharing insights and experiences among participants.

  • Addressing specific scenarios or issues raised by participants.

The “DORA for Executives Training” is ideally suited for a diverse range of professionals within the financial sector who hold executive or managerial positions and are directly involved in overseeing operational resilience and compliance efforts. The target audience may include:

•  Chief Executive Officers (CEOs)

•  Chief Operating Officers (COOs)

•  Chief Information Officers (CIOs)

•  Chief Technology Officers (CTOs)

•  Chief Risk Officers (CROs)

•  Chief Compliance Officers (CCOs)

•  Heads of IT or Technology Departments

•  Heads of Risk Management Departments

•  Heads of Compliance Departments

•  Board members and Directors with oversight responsibilities

•  Senior Managers and Executives responsible for operational resilience and risk management functions