DORA Regulation
Jetzt Anfrage stellenEmail security for the financial sector
Meet the DORA requirements with eXpurgate
Secure e-mail communication is of crucial importance for companies. This applies all the more to the financial sector, where confidential information and sensitive data are exchanged on a daily basis. A cyber attack here can have devastating consequences: In particular, customers’ personal information, financial data and transaction details are at stake.
Why is email security particularly important in the financial sector?
The financial sector is a prime target for cybercriminals who target confidential information and financial data. A single security incident can have serious consequences, including financial losses, reputational risks and legal ramifications. A robust email security solution is therefore essential to protect your organization and your customers from these threats.
What is DORA?
DORA (short for: Digital Operational Resilience Act) is EU legislation aimed at strengthening the digital resilience of the financial sector in the European Union. It comes into force on January 17, 2025.
As an EU-wide regulation, DORA also has a significant impact on the German financial sector. Overall, German financial service providers are required to strengthen their cybersecurity measures and ensure that they meet the growing challenges in the area of cybersecurity.
DORA offers many opportunities: by strengthening digital resilience, the financial sector will be better able to defend itself against cyber threats and protect the financial system. At the same time, customers will benefit from an increase in the level of security in the financial sector against the growing threat of cyberattacks, meaning that their confidential data will be better protected.
On the official website of the Federal Financial Supervisory Authority you will find further information on all important questions regarding the Digital Operational Resilience Act, e.g:
- Which companies does DORA apply to?
- What are ICT services within the meaning of DORA?
- Will ICT third-party service providers be subject to financial services supervision in future?
- Will financial companies soon be obliged to share cyber threat information with market participants?
What will change for German financial companies and service providers?
The DORA regulation is changing the cybersecurity requirements for German companies in the financial sector. You can find an overview here:
The DORA regulation introduces stricter cyber security requirements that must be implemented by German financial service providers. This includes the need to implement robust security measures to protect IT systems, networks and sensitive data in order to prevent cyberattacks and increase resilience to potential threats.
Financial service providers in Germany must immediately report security incidents, including cyberattacks and data breaches, to the competent authorities in accordance with the requirements of the DORA Regulation. This helps to shorten response times to security incidents and improve coordination between the various stakeholders.
The DORA Regulation strengthens the role of national supervisory authorities, including the German financial supervisory authority BaFin (Bundesanstalt für Finanzdienstleistungsaufsicht). These authorities monitor financial service providers’ compliance with cybersecurity requirements and can carry out enhanced checks and audits to ensure that the necessary measures have been implemented to secure the digital infrastructure.
In order to meet the requirements of the DORA regulation, German financial services providers may need to make significant investments in technology and specialists. This may include implementing modern security solutions, training employees and hiring professionals with cybersecurity expertise.
DORA compliance made easier: how eXpurgate supports you in email security
eXpurgate is the email security solution specializing in the German financial sector. By analyzing over 1 billion emails a day, which serve as a comprehensive data basis for AI-supported detection, eXpurgate offers maximum protection against spam and advanced threats such as phishing, malware and other critical dangers on the Internet.
All services are 100% “Made in Germany ” – this applies to our detection teams as well as to our data centers, all of which are located in Germany. We therefore offer our customers the highest standards in terms of data protection and security.
The most important advantages of eXpurgate
Reliable threat detection
eXpurgate uses advanced algorithms and AI-supported technologies to identify and block suspicious emails before they reach your company network. This allows you to react in good time to the threat of cyberattacks and data leaks.
Protection against advanced threats
By detecting and defending against malware and phishing emails, eXpurgate helps you to protect your customers from fraud and identity theft. Phishing poses a huge threat on the Internet because it aims to steal personal and confidential information. In the financial sector in particular, this type of cyber attack is all the more dangerous.
Compliance with data protection regulations
eXpurgate can identify and filter sensitive information in emailsto ensure compliance with data protection regulations and guarantee the confidentiality of data. The topic of data protection in particular is fundamental in the context of the DORA Regulation for 2025.
Compliance with guidelines
eXpurgate enables financial services organizations to define and enforce custom email security policies to ensure compliance with DORA and other relevant regulatory requirements.
Interested in our solution?