The deadline for the Digital Operational Resilience Act (DORA) is fast approaching. Before you know it, January 17th, 2025 will be here. As an EU directive aimed at reducing third-party risk and safeguarding the software supply chain in financial services, DORA presents significant technology and operations challenges for institutions striving to meet its stringent requirements.
This week, Valiantys, the largest Atlassian partner, announced the release of the Valiantys GRC Solution, powered by HYCU, Lansweeper, Appfire, and the Atlassian System of Work. This comprehensive suite of tools and services is designed to enhance IT resilience, operational efficiency, and meet the strictest of regulatory compliance requirements – with the initial focus on DORA.
Want to learn more about DORA? Visit our DORA Hub Page
Streamlining DORA Compliance with Jira Service Management
Leveraging Jira Service Management as a unified system to manage all DORA requirements, the Valiantys GRC Solution offers:
- Automated asset discovery and visualization of as-a-service applications
- Automated data protection and offsite data recovery for over 80 ICTs (Information and Communication Technologies), with continuous expansion
- One-click resilience testing capabilities
- DORA-focused dashboards, notifications, and insights
Meeting DORA Requirements: Thousands of hours, dedicated staff
Without a purpose-built GRC solution, organizations face significant hurdles:
- Allocating hundreds of hours and dedicated staff to get started
- Hiring specialists or overburdening existing IT members
- Manual, error-prone asset discovery
- Protection gaps due to inadequate data backup and recovery methods
- Disparate document management leading to challenging audits
Attempting to meet DORA requirements across all pillars can consume thousands of hours and require dedicated resources. At a time when many IT organizations are tasked with doing more with less, adding a completely new set of compliance requirements to the mix can be an unnecessary distraction at a minimum
The ICT Backup Gap
DORA mandates organizations to meet protection, detection, and remediation requirements. While many solutions address these areas, backup and recovery for as-a-service applications remain a significant gap. Article 12 of DORA specifically requires:
- Backup policies with defined schedules
- Proven offsite data storage and recovery
- Resilience testing
Most as-a-service applications lack backup and recovery solutions that meet these requirements, making this the largest technological gap in DORA compliance.
Outside of HYCU, the rest of the backup vendors recognized in the Gartner Magic Quadrant protect at most ten total SaaS applications. However, the average midsize organization manages well over 200 SaaS applications, and with more than 30,000 as-a-service ICTs, the gap is huge.
These vendors, built and architected to protect physical and virtual applications struggle to protect new applications and often release support for one or two, often relying on acquisitions. This leaves organizations in a difficult place to build and manage bulk exports and scripts for basic backup operations.
Read and download a free DORA checklist here
Bridging the backup gap with HYCU R-Cloud
HYCU, with its R-Cloud development platform for data protection, addresses this critical gap by providing integrations with over 80 SaaS applications in the HYCU Marketplace. This extensive coverage helps organizations protect critical ICTs and importantly achieve DORA compliance data protection best practices as well as a number of others including NIS2, SOC-2, ISO, etc.
As an Atlassian Ventures organization, HYCU's collaboration with Valiantys was a natural fit. The Valiantys GRC Solution relies on HYCU to meet all DORA backup requirements.
Why Choose HYCU for DORA Compliance
- Unmatched protection of SaaS and cloud services—covering 10× more applications than the closest competitor
- Simple, agentless, and API-enabled protection of hybrid-cloud workloads
- Customer-owned backup storage to eliminate third-party risk
- Deep integration with the Atlassian System of Work, offering native protection for:
- Jira, Service Management, Work Management, and Product Discovery
- Bitbucket
- Trello
- Timesheets by Tempo
- Parallel applications like GitHub, GitLab, Monday.com, Box, Salesforce, and more
Integrating HYCU into the Valiantys GRC Solution
How HYCU Works for DORA Compliance
- Discover all infrastructure and assets.
- Subscribe to HYCU and connect all applications requiring protection.
- Assign backup policies with one click.
- Choose a secure, offsite storage target under your control (e.g., Amazon S3).
- Perform regular recovery tests as needed.
How Valiantys GRC Enhances Compliance
- Registers all applications protected by HYCU.
- Keeps logs and notifications of all backup jobs and compliance statuses.
- Maintains accessible runbooks and backup policy documentation.
- Provides a single source of truth and documentation, powered by HYCU APIs.
Conclusion
With the impending DORA deadline, financial institutions need efficient and comprehensive solutions to meet regulatory requirements without overwhelming their resources. The Valiantys GRC Solution, powered by HYCU R-Cloud™, offers a streamlined path to DORA compliance, bridging critical technological gaps in backup and recovery for as-a-service applications.
By choosing Valiantys and HYCU, organizations can enhance their IT resilience, operational efficiency, and regulatory compliance—all within a unified system of work.
Additional Resources
- DORA Compliance Made Easy
- What is the Digital Operational Resilience Act (DORA)?
- Atlassian Cloud NIS2 & DORA
- Get Started with DORA Compliance Checklist!