{"id":5503,"date":"2024-09-26T15:16:50","date_gmt":"2024-09-26T20:16:50","guid":{"rendered":"https:\/\/www.darkreading.com\/cyber-risk\/onetrust-automates-dora-ict-risk-management-and-compliance"},"modified":"2024-09-26T15:16:50","modified_gmt":"2024-09-26T20:16:50","slug":"onetrust-automates-dora-ict-risk-management-and-compliance","status":"publish","type":"post","link":"https:\/\/ddi.mohflo.net\/index.php\/2024\/09\/26\/onetrust-automates-dora-ict-risk-management-and-compliance\/","title":{"rendered":"OneTrust Automates DORA ICT Risk Management and Compliance"},"content":{"rendered":"<div class=\"media_block\"><a href=\"https:\/\/i0.wp.com\/eu-images.contentstack.com\/v3\/assets\/blt6d90778a997de1cd\/blt850556f866500627\/654a5a8e05eb4d040a046894\/325351_DR23_Graphics_General_Large_Text_v1.png?ssl=1\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/09\/onetrust-automates-dora-ict-risk-management-and-compliance.png?w=640&#038;ssl=1\" class=\"media_thumbnail\"><\/a><\/div>\n<div><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/09\/onetrust-automates-dora-ict-risk-management-and-compliance.png?w=640&#038;ssl=1\" class=\"ff-og-image-inserted\"><\/div>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><span class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_bold\">PRESS RELEASE<\/span><\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><span class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_bold\">ATLANTA,&nbsp;Sept. 24, 2024&nbsp;\/PRNewswire\/ &#8212;<\/span><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">&nbsp;OneTrust, the market-defining platform&nbsp;<\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.onetrust.com\">helping organizations use data and AI responsibly<\/a><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">, today announced new capabilities to help organizations enhance resilience across the financial sector and operationalize compliance with the EU&#8217;s Digital Operational Resilience Act (DORA). Building upon its comprehensive&nbsp;<\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.onetrust.com\/solutions\/third-party-management\/\">OneTrust Third-Party Management<\/a><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">&nbsp;solution, OneTrust will now offer first-to-market capabilities such as automated DORA &#8220;register of information&#8221; report creation and out-of-the-box depth of screening and compliance data.<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">&#8220;An organization&#8217;s supply chain can be one of its biggest assets for efficiency and innovation, as well as its most significant obstacle to cyber resiliency. Amid growing global mandates for cyber resiliency like DORA, teams need a deep understanding of their extended enterprise and tools for managing risk at scale. By expanding on our robust Third-Party Management capabilities with game-changing, new capabilities, teams can gain much-needed visibility, automate risk and compliance management, and strengthen resilience,&#8221; said&nbsp;Shiven Patel, Director of Third-Party Management at OneTrust.<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">With OneTrust, teams can gain much-needed visibility, automate risk and compliance management, and strengthen resilience<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Introducing new capabilities to enhance resilience and operationalize DORA compliance<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">To further help organizations efficiently manage information and communication technology (ICT) and digital supply chain resilience and operationalize DORA compliance, OneTrust is delivering several new, standout capabilities:&nbsp;&nbsp;<\/span><\/p>\n<div data-component=\"basic-list\" class=\"BasicList BasicList_nestedLevel_0 BasicList_variant_unordered BasicList_limited\">\n<ul data-testid=\"basic-list-unordered\" class=\"BasicList-UnorderedList\">\n<li>\n<div class=\"BasicList-ListItem BasicList-ListItem_variant_unordered\" readability=\"8\"><span data-component=\"icon\" data-name=\"Circle\" class=\"BasicList-ListIcon BasicList-ListIcon_variant_unordered\"><\/span><\/p>\n<div class=\"BasicList-Item\" readability=\"11\">\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><span class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_bold\">4th- and nth-party risk management:&nbsp;<\/span><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Now, teams can automatically identify, link, and assess fourth and even nth&nbsp;parties to efficiently monitor concentration risk and demonstrate proportionality.&nbsp;<\/span><\/p>\n<\/div>\n<\/div>\n<\/li>\n<li>\n<div class=\"BasicList-ListItem BasicList-ListItem_variant_unordered\" readability=\"7\"><span data-component=\"icon\" data-name=\"Circle\" class=\"BasicList-ListIcon BasicList-ListIcon_variant_unordered\"><\/span><\/p>\n<div class=\"BasicList-Item\" readability=\"9\">\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><span class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_bold\">Two-click register of information reporting:&nbsp;<\/span><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Quickly generate a complete &#8220;register of information&#8221; in relation to all contractual arrangements on the use of ICT services provided by ICT Third-Party Service Providers (ICT TPPs) and ICT service supply chains.<\/span><\/p>\n<\/div>\n<\/div>\n<\/li>\n<li>\n<div class=\"BasicList-ListItem BasicList-ListItem_variant_unordered\" readability=\"10\"><span data-component=\"icon\" data-name=\"Circle\" class=\"BasicList-ListIcon BasicList-ListIcon_variant_unordered\"><\/span><\/p>\n<div class=\"BasicList-Item\" readability=\"15\">\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><span class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_bold\">Enhanced risk and compliance data feeds:&nbsp;<\/span><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Meet due diligence requirements and screen ICT service providers against out-of-the-box risk and compliance datasets from Dow Jones Risk &amp; Compliance, HackNotice, ISS-Corporate, RapidRatings, RiskRecon, Security Scorecard, and Supply Wisdom.<\/span><\/p>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">How Third-Party Management already helps organizations comply with DORA<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Today, Third-Party Management empowers organizations to centralize the end-to-end risk management lifecycle. For ICT and supply chain risks and more, the solution allows teams to implement a data-centric and risk-based approach to identifying and mitigating risk, while continuously monitoring for changes to risk posture. Thanks to OneTrust&#8217;s cross-domain insights, organizations can align internal teams and guide risk-aware decision-making to create a more resilient, secure, and scalable third-party ecosystem. Ahead of DORA taking effect in&nbsp;January 2025, Third-Party Management helps organizations meet the Act&#8217;s third-party ICT requirements pertaining to:<\/span><\/p>\n<div data-component=\"basic-list\" class=\"BasicList BasicList_nestedLevel_0 BasicList_variant_unordered BasicList_limited\">\n<ul data-testid=\"basic-list-unordered\" class=\"BasicList-UnorderedList\">\n<li>\n<div class=\"BasicList-ListItem BasicList-ListItem_variant_unordered\" readability=\"6\"><span data-component=\"icon\" data-name=\"Circle\" class=\"BasicList-ListIcon BasicList-ListIcon_variant_unordered\"><\/span><\/p>\n<div class=\"BasicList-Item\" readability=\"7\">\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Pre-Contract ICT Assessment<\/span><\/p>\n<\/div>\n<\/div>\n<\/li>\n<li>\n<div class=\"BasicList-ListItem BasicList-ListItem_variant_unordered\" readability=\"7\"><span data-component=\"icon\" data-name=\"Circle\" class=\"BasicList-ListIcon BasicList-ListIcon_variant_unordered\"><\/span><\/p>\n<div class=\"BasicList-Item\" readability=\"9\">\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Inventory, Link, and Report on the&nbsp;ICT supply chain&nbsp;<\/span><\/p>\n<\/div>\n<\/div>\n<\/li>\n<li>\n<div class=\"BasicList-ListItem BasicList-ListItem_variant_unordered\"><span data-component=\"icon\" data-name=\"Circle\" class=\"BasicList-ListIcon BasicList-ListIcon_variant_unordered\"><\/span><\/p>\n<div class=\"BasicList-Item\">\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">ICT Risk Treatment<\/span><\/p>\n<\/div>\n<\/div>\n<\/li>\n<li>\n<div class=\"BasicList-ListItem BasicList-ListItem_variant_unordered\"><span data-component=\"icon\" data-name=\"Circle\" class=\"BasicList-ListIcon BasicList-ListIcon_variant_unordered\"><\/span><\/p>\n<div class=\"BasicList-Item\">\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">ICT Lifecycle Management<\/span><\/p>\n<\/div>\n<\/div>\n<\/li>\n<\/ul>\n<\/div>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Third-Party Management also integrates seamlessly with different solutions across the OneTrust Platform, including the newly introduced&nbsp;<\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.onetrust.com\/news\/onetrust-introduces-compliance-automation-on-the-onetrust-platform\/\">Compliance Automation<\/a><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">. Compliance Automation and Third-Party Management work together to operationalize an actionable breakdown of the DORA regulatory requirements into measurable capabilities and build a fully compliant ICT risk management program.<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Additional resources<\/span><\/p>\n<div data-component=\"basic-list\" class=\"BasicList BasicList_nestedLevel_0 BasicList_variant_unordered BasicList_limited\">\n<ul data-testid=\"basic-list-unordered\" class=\"BasicList-UnorderedList\">\n<li><\/li>\n<li>\n<div class=\"BasicList-ListItem BasicList-ListItem_variant_unordered\" readability=\"7\"><span data-component=\"icon\" data-name=\"Circle\" class=\"BasicList-ListIcon BasicList-ListIcon_variant_unordered\"><\/span><\/p>\n<div class=\"BasicList-Item\" readability=\"9\">\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">Stop by booth 412 at the Gartner Security &amp; Risk Management Summit,&nbsp;September 23-25&nbsp;in&nbsp;London&nbsp;to learn more<\/span><\/p>\n<\/div>\n<\/div>\n<\/li>\n<li><\/li>\n<\/ul>\n<\/div>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><span class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_bold\">About OneTrust<\/span><\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">OneTrust unlocks the full potential of data and AI, responsibly. Our platform enforces the secure handling of company data, empowering organizations to drive innovation responsibly while mitigating risks. With a comprehensive suite of solutions spanning data and AI security, privacy, governance, risk, ethics, and compliance, OneTrust enables seamless collaboration between data teams and risk teams to enable rapid and trusted innovation. Recognized as the market leader in trust, OneTrust boasts over 300 patents and serves more than 14,000 customers globally, ranging from industry giants to small businesses. For more information, visit&nbsp;<\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\"><a class=\"ContentText-BodyTextChunk ContentText-BodyTextChunk_link\" rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.onetrust.com\">www.onetrust.com<\/a><\/span><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">.&nbsp;<\/span><\/p>\n<p class=\"ContentParagraph ContentParagraph_align_left\" data-testid=\"content-paragraph\"><span class=\"ContentText ContentText_variant_bodyNormal\" data-testid=\"content-text\">\u00a9 2024 OneTrust LLC. All rights reserved. OneTrust and the OneTrust logo are trademarks or registered trademarks of OneTrust LLC in&nbsp;the United States&nbsp;and other jurisdictions. All other brand and product names are trademarks or registered trademarks of their respective holders.<\/span><\/p>\n<p><a href=\"https:\/\/www.darkreading.com\/cyber-risk\/onetrust-automates-dora-ict-risk-management-and-compliance\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>PRESS RELEASE ATLANTA,&nbsp;Sept. 24, 2024&nbsp;\/PRNewswire\/ &#8212;&nbsp;OneTrust, the market-defining platform&nbsp;helping organizations<\/p>\n","protected":false},"author":12,"featured_media":5504,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[809],"class_list":["post-5503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-dark-reading"],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/09\/onetrust-automates-dora-ict-risk-management-and-compliance.png?fit=3840%2C2160&ssl=1",3840,2160,false],"thumbnail":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/09\/onetrust-automates-dora-ict-risk-management-and-compliance.png?resize=150%2C150&ssl=1",150,150,true],"medium":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/09\/onetrust-automates-dora-ict-risk-management-and-compliance.png?fit=300%2C169&ssl=1",300,169,true],"medium_large":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/09\/onetrust-automates-dora-ict-risk-management-and-compliance.png?fit=640%2C360&ssl=1",640,360,true],"large":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/09\/onetrust-automates-dora-ict-risk-management-and-compliance.png?fit=640%2C360&ssl=1",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/09\/onetrust-automates-dora-ict-risk-management-and-compliance.png?fit=1536%2C864&ssl=1",1536,864,true],"2048x2048":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/09\/onetrust-automates-dora-ict-risk-management-and-compliance.png?fit=2048%2C1152&ssl=1",2048,1152,true],"chromenews-featured":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/09\/onetrust-automates-dora-ict-risk-management-and-compliance.png?fit=1024%2C576&ssl=1",1024,576,true],"chromenews-large":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/09\/onetrust-automates-dora-ict-risk-management-and-compliance.png?resize=825%2C575&ssl=1",825,575,true],"chromenews-medium":["https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/09\/onetrust-automates-dora-ict-risk-management-and-compliance.png?resize=590%2C410&ssl=1",590,410,true]},"author_info":{"display_name":"Dark Reading","author_link":"https:\/\/ddi.mohflo.net\/index.php\/author\/darkreading\/"},"category_info":"<a href=\"https:\/\/ddi.mohflo.net\/index.php\/category\/uncategorized\/\" rel=\"category tag\">Uncategorized<\/a>","tag_info":"Uncategorized","comment_count":"0","jetpack_featured_media_url":"https:\/\/i0.wp.com\/ddi.mohflo.net\/wp-content\/uploads\/2024\/09\/onetrust-automates-dora-ict-risk-management-and-compliance.png?fit=3840%2C2160&ssl=1","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/posts\/5503","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/comments?post=5503"}],"version-history":[{"count":0,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/posts\/5503\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/media\/5504"}],"wp:attachment":[{"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/media?parent=5503"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/categories?post=5503"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ddi.mohflo.net\/index.php\/wp-json\/wp\/v2\/tags?post=5503"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}