Company
Date Published
July 11, 2024
Author
Ben Desjardins
Word count
1834
Language
English
Hacker News points
None

Summary

DORA, the Digital Operational Resiliency Act, is a comprehensive framework to manage Information and Communication Technology (ICT) related risks and ensure business continuity for financial institutions and critical service providers in the European Union. It emphasizes strong application security practices as a foundational element for achieving compliance. The act recognizes the increasing reliance on digital technologies in modern organizations and the inherent risks associated with application vulnerabilities. DORA's requirements include ICT risk management, incident reporting, digital operational resilience testing, third-party risk management, and information sharing. A developer-first security platform like Snyk can play a pivotal role in achieving compliance by providing tools for proactive identification of software vulnerabilities, software composition analysis, incident reporting, digital operational resilience testing, third-party risk management, and continuous monitoring. Moreover, Snyk empowers organizations to build a culture of application security and risk management through developer training and resources that promote secure coding practices and DevSecOps. By partnering with Snyk, organizations can ensure business continuity and protect their most valuable assets while laying the foundation for other current and future regulations.