ICT Risk Management Pre- and Post-DORA - Practitioner’s Insights

• Jurisdiction: European Union
• Year: 2023

Speaker

Verena Ritter-Döring has significant experience across the full spectrum of German and Europe banking and investment regulation. In addition to German and internationally active banks and financial services companies, she also advises payment and e-money institutions as well as companies and IT service providers seeking to gain a foothold in the regulated financial market. She also has experience in advising capital management companies and foreign fund managers.

She is specialized in licensing requirements, organizational requirements and compliance, the distribution of financial products and funds, dealing with BaFin, and structuring business models of FinTechs.

Topic

In this e-presentation, we embark on a thorough exploration of Information and Communication Technology (ICT) risk management both preceding and under the Digital Operational Resilience Act (DORA), offering a practitioner's perspective that combines practical insights with regulatory nuances. As the digital landscape continually evolves, the significance of robust ICT risk management practices becomes increasingly paramount for organizations across sectors.

The presentation meticulously dissects the landscape of ICT risk management, shedding light on the challenges and opportunities inherent in safeguarding digital operations. By examining the landscape before the enactment of DORA, participants gain a contextual understanding of the evolving regulatory landscape and the catalysts that led to the formulation of this pivotal legislative framework.

Delving into the key components of ICT risk management, the session provides actionable insights into identifying, assessing, and mitigating risks associated with digital operations. From cybersecurity threats to operational vulnerabilities, participants gain a comprehensive view of the multifaceted challenges that organizations face in the digital realm.

With a practitioner's lens, the e-presentation offers pragmatic strategies for aligning ICT risk management practices with the stringent requirements set forth by DORA. It navigates through the intricacies of compliance, emphasizing the importance of establishing resilient...