What to know in Germany about Digital Operational Resilience Act

Germany is currently confronted with significant challenges. There is a rise in geo-political conflicts and associated risks that are affecting its economythat includes increasing cyber-attacks that poses a significant threat to the economy of Germany with implications for the rest of the world along with increasing regulations like the Digital Operational Resilience Act (DORA). Like the saying goes: Vorsicht ist die Mutter der Porzellankiste” which translating means that Caution is the mother of the Porcelain Box.”  By this, it is helpful to think outside the box, have a broader view of the problem and review your own cybersecurity preparation strategy. 

“Know your enemy and know yourself, and you will not need to fear the outcome of a hundred battles” is often attributed to the Chinese military strategist Sun Tzu, author of “The Art of War.” As an industry, we took this statement seriouslyassessing our businesses to find points of entry, consuming threat intelligence data to enrich scanning processes – to find out if the determined tactics used by cyber-criminal groups are likely to occur.  

These tactics are becoming more efficient when tools like FortifyData perform an automated, comprehensive, and proactive cyber threat assessment across your entire attack surface – that combines many solutions in one thereby continuously revealing the crucial cybersecurity risk findings and data that aids the CISO (Chief Information Security Officer) in making sound strategic decisions regarding cyber risk. 

Our clients in Germany, that includes the most preeminent CISO in Germany, say that FortifyData aligns with their strategic view for 2024 and has the technology that delivers accurate and actionable cyber insights that can make these recommendations possible. With our platform located in Frankfurt, these clients have been helpful in validating that our processes provide more accurate cyber risk vulnerability data that they can trust to inform their strategies for 2024. 

Here are the insights: 

Stay up to date on threats and technologies: The cyber threat landscape is constantly evolving. Keep learning about new attack techniques and security technologies to stay ahead of threats as much as possible. Look for platforms that can also incorporate cyber threat intelligence to help you stay on top of vulnerabilities in your IT assets and threat actors that are targeting your industry. 

Focus on risk management: Identify your organization’s most valuable data and systems, then determine the level of risk to each asset. Continuously monitor your external attack surface to monitor for unknown assets and the latest vulnerabilities. Create a risk mitigation strategy to protect critical assets. Review and update the risk assessment regularly. 

Promote a security-minded culture: Develop security awareness and education programs for all staff. Explain the significant role each employee plays in protecting the organization. Provide regular cybersecurity training to keep knowledge up to date. 

Increase vigilance on your supply chain: Many companies rely on the technologies, data, and services of other companies. Now, each of their attack surfaces are linked to your attack surface. Not to mention regulations are coming Digital Operational Resilience Act (DORA) that include requirements for cybersecurity monitoring of third parties. Read our previous article about Navigating Digital Operational Resilience Act (DORA) with FortifyData. 

Review controls and defenses: Evaluate your existing security controls, policies, and tools to ensure maximum effectiveness. Are your tools providing accurate data? Are the tools integrated or do the findings need to be manually evaluated and analysed for action? Look for any gaps or weaknesses and make improvements. This includes firewalls, malware detection, authentication methods, access controls, and more. 

Having the possibility to continuously monitor, directly and actively, the entire attack surface (in a highly accurate method that our clients have validated) can help improve your cybersecurity preparedness.  CISOs in Germany can then make risk-informed decisions supported by quality data and a true representation of their specific risks and threat landscape.  

Compare the findings we produce by requesting a complimentary external assessment.  

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