Source URL: https://anchore.com/blog/dora-overview/
Source: Anchore
Title: DORA + SBOM Primer: Achieving Software Supply Chain Security in Regulated Industries
Feedly Summary: At Anchore, we frequently discuss the steady drum beat of regulatory bodies mandating SBOMs (Software Bills of Materials) as the central element of modern software supply chain security. The Digital Operational Resilience Act (DORA) is the most recent framework responding to the accelerating growth of software supply chain attacks—by requiring, in all but name, the […]
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AI Summary and Description: Yes
Summary: The text discusses the Digital Operational Resilience Act (DORA) and its implications for software supply chain security, particularly focusing on the required use of Software Bills of Materials (SBOMs) for compliance. It highlights the increasing importance of continuous monitoring and active risk management for software supply chains in the financial sector, driven by the rise of software supply chain attacks. Anchore offers solutions to facilitate DORA compliance effectively.
Detailed Description: The text provides a comprehensive overview of the Digital Operational Resilience Act (DORA) and its significance in enhancing the operational resilience of financial entities, particularly in the face of growing cybersecurity threats.
Key points include:
– **Effective Date**: DORA becomes effective on January 17, 2025, but is already enforceable.
– **Scope of Applicability**: Relevant to a broad spectrum of financial sectors such as banks, payment service providers, investment firms, and crypto-asset service providers.
– **Core Components**:
– **Proactive Risk Management**: Emphasizes identifying and managing risks associated with both in-house and third-party software.
– **Incident Response and Recovery**: Stresses the importance of robust incident response strategies to address ICT disruptions.
– **Resilience Testing**: Mandates regular testing of risk management systems.
– **Threat Information Sharing**: Encourages collaboration to share threat intelligence across the sector.
– **Third-party Supplier Oversight**: Involves monitoring third-party software supply chain for compliance.
– **Rationale for DORA**: The legislation addresses systemic cybersecurity risks due to the intertwined nature of technologies within the financial sector, aimed at preventing widespread disruptions stemming from vulnerabilities.
– **Consequences of Non-Compliance**: Non-compliance can lead to significant penalties imposed by the European Supervisory Authorities (ESAs), potentially costing up to 1% of average daily global turnover.
– **SBOM Requirements**: Even though DORA does not explicitly mention SBOMs, it requires financial entities to track third-party and custom software libraries, which SBOMs are designed to do efficiently.
– **Continuous Monitoring**: DORA mandates ongoing monitoring of software supply chains, integrating SBOM generation into the DevSecOps pipeline to manage risks continuously.
– **Compliance Strategy Recommendations**:
1. **Automate SBOM Creation**: Integrate SBOM generation in CI/CD pipelines.
2. **Receive SBOMs from Suppliers**: Ensure collaboration with third-party suppliers for software visibility.
3. **Implement Continuous Monitoring**: Employ regular scanning of production environments for vulnerabilities.
– **Anchore Enterprise Solutions**: Anchore positions its services as crucial to achieving DORA compliance, offering:
– Automated SBOM generation and lifecycle management.
– Continuous vulnerability scanning and risk assessment.
– Real-time compliance monitoring and reporting.
– **Conclusion**: DORA is poised to fundamentally reshape software supply chain security in the financial sector, emphasizing a proactive approach to risk management through regulations like SBOMs. Anchore’s tools can streamline compliance processes while enhancing overall security posture.
This insightful overview can serve security and compliance professionals by highlighting the importance of adapting to new regulations like DORA, promoting proactive risk management, and integrating SBOM practices into their software development processes.