Case Study

Third-Party Risk Management in Compliance with DORA Regulation

Simplifying DORA Compliance and Third Party Risk with CYBER-HUB

FINANCE

To prepare for the DORA regulation, a financial institution automated its third-party risk management (TPRM) using CYBER-HUB. The solution centralized TPRM processes and automated the Information Register, reducing both errors and operational workload. The 2024 dry run confirmed full compliance, paving the way for a Group-wide rollout of the project in 2025.

 

Client: European Financial Institution

 

Sector: Finance

 

Challenge: Align cybersecurity risk management processes with DORA regulatory requirements.


The main points

Solution

 

Automation and digitalization of Third-Party Risk Management (TPRM) processes and the DORA information register.

Results

 

Dry run successfully completed and service extended to other entities within the group.

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