Partner with Experts for Successful DORA Implementation

The Digital Operational Resilience Act (DORA) is an EU regulation requiring financial institutions and their ICT service providers to build strong, demonstrable operational resilience. It mandates robust cybersecurity controls, incident reporting, resilience testing, ICT risk management, and third-party oversight to ensure continuity and protect the financial system from digital disruptions.

Implementing DORA enhances resilience, reduces cyber and operational risks, improves incident preparedness, strengthens third-party governance, and builds regulatory and customer trust—enabling financial institutions to operate securely in an increasingly digital environment.

At Coral eSecure, our experts help you interpret regulatory requirements accurately, implement controls efficiently, close compliance gaps, streamline documentation, and prepare confidently for supervisory reviews—ensuring a smooth and successful DORA readiness journey.

Have questions about DORA scope, implementation or audit? Contact us today for a no-obligation conversation.

Start Your Digital Operational Resilience Act Journey Now!

DORA Consulting Engagement Phases

Here is a brief overview of the key phases involved in DORA implementation, the details of which may vary depending on client situation.

Phase I - Understanding Business and Security Objectives

Determination of an entity such as a financial entity or an ICT service provider.

Phase II - Gap Analysis and Risk Assessment

The gap analysis helps determine the applicable DORA Requirements, with their current status of maturity.
When gaps are identified Coral will provide mitigation support that includes strategic, operational and technical advise to reduce the gaps.

Phase III - Control - Design, Policy Documentation, and Responsibility Matrix

This phase involves the implementation of:

Policies and Procedure
Secure Configuration including Tools and Technologies
Secure operational tasks
Awareness
New Roles and responsibilities

Phase IV - Internal Audit and Management Review

An independent team will verify the effectivness of the implemented requirement and provide a formal report indicating the maturity of the implemented system

Summary

At this stage:

As a result of undergoing these phases, Coral has assisted the client in implementing an ICT Risk Management framework which generates risk and compliance data that provides management with an assurance that the governance framework needed to achieve DORA has been accomplished.