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Compliance Guide34 pages

DORA Ready: An Identity Governance Playbook for Financial Services

DORA applies from 17 January 2025. The fastest path to useful evidence is to connect identity governance to ICT risk management, incident response, resilience testing, and third-party provider oversight.

Important note: Banks, insurers, payment institutions, fintechs, ICT risk leaders, and operational resilience teams.

Immediate Takeaways

  • Make identity a control layer inside the ICT risk management framework, not a side process.
  • Maintain a register of critical application owners, privileged roles, service accounts, and third-party ICT access.
  • Use access reviews and SoD controls as repeatable evidence for resilience testing.
  • Tie incident playbooks to account compromise, privilege escalation, and third-party access failure scenarios.

Action Plan

  • 30 days: inventory critical ICT services and map privileged access paths.
  • 60 days: automate reviews for critical roles, third parties, and admin groups.
  • 90 days: run tabletop testing and produce board-ready evidence for control effectiveness.
  • Ongoing: monitor orphaned access, toxic combinations, stale privileges, and concentration risk.

Control Checklist

  • Critical ICT access map across employees, contractors, vendors, service accounts, and APIs.
  • Access certification linked to critical or important functions.
  • Third-party access expiry and review tied to the ICT third-party register.
  • Incident runbooks for credential compromise and privileged access abuse.
  • Metrics: review completion, emergency access use, orphaned accounts, privilege drift, and unresolved exceptions.

Useful References

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