The Digital Operational Resilience Act (DORA) compliance deadline is fast approaching. By January 17, 2025, financial institutions and service providers across the EU must meet new standards for IT risk management and resilience.

For many organizations, the task ahead might feel overwhelming, but the good news is this: compliance doesn’t have to be complicated. At Kopenhagen Konsulting, we’ve been working with clients to navigate DORA’s requirements, and we’ve learned what works—and what doesn’t—when it comes to getting on track.

What Does DORA Compliance Really Mean?‍

DORA is about more than avoiding penalties; it’s about building a resilient, future-proof foundation for your organization. The regulation focuses on:

• Ensuring robust IT risk management frameworks.
• Strengthening your ability to withstand and recover from operational disruptions.
• Improving oversight of third-party service providers.

In short, it’s not just about meeting regulatory requirements—it’s about safeguarding your business.

How to Get on Track

‍Whether you’re just starting or fine-tuning your efforts, here are the key steps to tackle DORA compliance effectively:

1. Assess Your Current State
   Understanding your gaps is the first step. Where do you stand relative to DORA’s requirements? A quick, focused assessment can help you prioritize what matters most.
2. Create an Actionable Plan
   Once you know your gaps, map out a clear path forward. Focus on areas like incident reporting, risk assessment, and third-party management.
3. Implement with Confidence
   This is where many organizations struggle. Execution requires the right expertise, tools, and a pragmatic approach. That’s where our hard-earned experience comes in.

How We Can help

‍At Kopenhagen Konsulting, we’ve guided multiple organizations through DORA compliance. From our practical handbooks to hands-on implementation support, we simplify the process and help you stay ahead of the deadline and curb regulators.

Here’s what we offer:

• Readiness Assessments: Fast, focused evaluations to understand your starting point.
• Tailored Handbooks: Step-by-step guides designed to help you implement DORA’s requirements.
• Proven Expertise: Real-world experience navigating challenges and delivering results.

Why Start Now?

‍Acting now gives you the runway to avoid last-minute scrambles and ensure compliance with confidence and if you're a bit late to the game, having a plan about your plan will help curb regulators.

DORA Compliance as a Strategic Advantage

‍Beyond the deadline, compliance can be a catalyst for growth. By embedding operational resilience into your organization, you’re not just meeting a regulation—you’re positioning yourself to thrive in a competitive market.

Ready to take the next step? Peter is our station chief and your ears on the ground.

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