Certified DORA Compliance Officer (C-DORA CO) Exam Voucher

DORA (Digital Operational Resilience Act) is a new European framework that focuses on embedding a more robust and resilient approach to delivering digital capabilities in financial markets. 

The framework’s purpose is to help financial services companies ensure they can maintain resilient operations through severe operational disruption caused by cyber security and ICT issues.

The DORA risk management framework builds on previous industry-specific guidelines and introduces a single consistent supervisory approach. It aims to harmonise security and resilience practices across financial services companies operating in the EU and their ICT providers. 

DORA applies to more than 22,000 financial entities and ICT service providers operating within the EU, as well as the ICT infrastructure supporting them from outside the EU. The Act introduces specific and prescriptive requirements for all financial market participants including (but not limited to) banks, investment companies, insurance undertakings and intermediaries, crypto asset providers, data reporting providers and Cloud service providers.

DORA defines requirements around consistent ICT risk management, comprehensive resilience testing capabilities (including threat-led penetration testing) and third-party risk management, ensuring a consistent provision of services across the entire value chain.

The five key topics at the centre of DORA are:  

• ICT risk management;
• Reporting on ICT-related incidents;
• Digital operational resilience testing;
• Management of third-party risk; and
• Information and intelligence sharing.

The Act is unique in introducing an EU-wide oversight framework on critical ICT third-party providers, as designated by the European supervisory authorities. 

DORA entered into force on 16 January 2023. With a two-year implementation period, financial entities will be expected to be compliant with the Act by early 2025. Audits and inspections could happen before the compliance deadline and may be conducted by the same auditors that judge compliance with other regulatory standards. 

Before taking this exam, you must have taken and passed the Certified DORA Foundation examination. 

If you haven’t done so, we suggest purchasing the Certified DORA Foundation and Compliance Officer Combination Training Course.

• Managers and professionals in risk management, compliance and auditing who are responsible for ensuring that MSPs in the supply chain meet their contractual obligations and compliance requirements in relation to DORA.
• Managers and professionals working for ICT service providers and subcontractors to financial-sector organisations that are operating in Europe who need to ensure their own organisation’s continuing compliance with DORA.
• People working for ICT third-party service providers that supply technology services to financial institutions operating in the EU.
• People committed to their continuing professional development with an interest in cyber security best practice.