Integrated access management
The Digital Operational Resilience Act (DORA) is a landmark EU regulation. It is designed to fortify the IT security of financial entities, including banks, insurance companies, and investment firms, ensuring that the European financial sector can remain resilient against severe operational disruptions. Covering 20 different types of financial entities and ICT third-party service providers, it provides a unified regulatory standard, fostering consistency and preparedness throughout the industry. This regulation ensures that institutions can effectively manage and mitigate risks, safeguarding financial stability in an increasingly digital landscape.
The Digital Operational Resilience Act (DORA) requires financial organizations to have mechanisms in place for tracking, evaluating and managing potential risks arising from distributed IT infrastructure and third-party service providers. Identity security, especially privileged identity security, plays a pivotal role in meeting this demand. ARCON’s Privileged Access Management (PAM) solution offers an array of features which enforce strong controls around privileged access, enabling meeting DORA requirements.
Explore PAM
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