Company Profile

Stolen and weak passwords are the leading cause of data breaches and ransomware attacks, yet most organisations have no visibility, security or control over their employees’ passwords, credentials and secrets. Keeper Security protects your organisation with a next-generation Privileged Access Management (PAM) solution.
Keeper addresses the key requirements to prevent data breaches:
Password management, sharing, discovery and rotation
Secrets management and SSH key management
Privileged session management and secure remote access
Keeper’s next-generation Privileged Access Management (PAM) solution enables organisations to achieve full visibility, security, control and reporting across every user on every device. The platform enables zero-trust and zero-knowledge security and compliance by combining password, secrets and connection management into one, unified platform.
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DORA (CoE) - Keeper

As the DORA Compliance Deadline draws closer so to does your opportunity to deal with the challenges related to DORA compliance by attending the EU DORA Summit. There you will have the opportunity to not only partake in a full days training and gain CPD points BUT you will have the opportunity to engage with the worlds best DORA experts, innovators and solution providers at the DORA Expo Zone.

This DORA Centre of Excellence is comprised of the “best of the best” - you can ask questions, gain insights and see demonstrations of their solutions.

In this newsletter, we want to shine the “DORA Spotlight” on Keeper - let’s consider why a Privileged Access Management (PAM) solutions are an integral part of DORA Compliance.

Implementing a password management solution is a strategic step towards achieving DORA compliance for several reasons. These reasons align with the principles and requirements set forth by the Digital Operational Resilience Act, focusing on enhancing the cybersecurity posture of organisations within the financial sector. Here's a detailed case for its importance:

  1. Strengthening Cybersecurity Measures:

    • DORA mandates robust ICT risk management practices. A password management solution strengthens cybersecurity by ensuring strong, unique passwords are used across all systems, reducing the risk of unauthorised access.

  2. Enhancing Operational Resilience:

    • By managing and securing passwords effectively, organisations can prevent disruptions caused by cyber incidents related to compromised credentials. This directly contributes to the operational resilience objectives of DORA.

  3. Facilitating Compliance with Regulatory Requirements:

    • DORA emphasises the need for financial organisations to safeguard their digital assets effectively. A password management solution helps in meeting these regulatory requirements by providing a secure and efficient way to manage access to critical systems and data.

  4. Supporting Risk Assessment and Mitigation:

    • As part of DORA compliance, organisations are required to assess cyber risks across their extended supply chain. A password management solution aids in identifying potential vulnerabilities related to password security and taking proactive steps to mitigate them.

  5. Promoting a Culture of Cybersecurity Awareness:

    • Implementing a password management solution is a practical step in promoting cybersecurity awareness within the organisation. It underscores the importance of secure password practices, aligning with DORA's aim to enhance the overall cyber hygiene of financial entities.

  6. Aiding in the Production of Compliance Evidence:

    • DORA compliance requires organisations to produce evidence of their cybersecurity and operational resilience efforts. A password management solution can generate reports and logs that serve as evidence of compliance with DORA's cybersecurity requirements.

  7. Streamlining Access Control and Authentication Processes:

    • Effective access control is a critical aspect of DORA compliance. A password management solution streamlines these processes by ensuring that only authorised individuals have access to sensitive systems and information, based on strong authentication practices.

  8. Enhancing Third-Party Risk Management:

    • DORA requires organisations to manage risks associated with ICT third-party service providers. A password management solution can extend to these third parties, ensuring that access to shared systems is securely managed in line with DORA requirements.

In conclusion, a password management solution plays a vital role in achieving DORA compliance by enhancing cybersecurity measures, supporting risk management efforts, and facilitating regulatory compliance. By implementing such a solution, organisations can significantly improve their operational resilience against cyber threats, aligning with the objectives of the Digital Operational Resilience Act.

You can meet the team from Keeper Security at this year’s EU DORA Summit and ask them directly about how they are helping organisations with their DORA compliance requirements.