Lithuanian ICT safety and compliance automation platform CyberUpgrade has launched its free DORA self-assessment software.
The brand new providing offers two methods for companies to evaluate their DORA readiness and make the required modifications with the intention to adjust to the brand new EU rules on monetary resilience.
CyberUpgrade made its Finovate debut at FinovateEurope 2025 in London.
Lithuania-based regtech CyberUpgrade not too long ago launched a free DORA self-assessment software designed to assist fintechs meet the European Union regulatory necessities of the Digital Operational Resilience Act (DORA). DORA is a brand new EU-based mandate designed to make sure the safety and operational resilience of firms within the monetary sector, particularly by specializing in the networks and knowledge techniques that monetary operations depend on. The regulation impacts not solely banks, funding firms, and insurers, but additionally third-party ICT suppliers, as effectively.
“DORA has launched a posh and pressing set of necessities that many monetary establishments and their third-party suppliers have been scuffling with,” CyberUpgrade CEO and Co-Founder Aurimas Bakas mentioned. “Our software helps organizations get readability on the place they stand and what actions they should prioritize—without having prior in-depth DORA data.”
DORA mandates that firms should keep important operations even throughout main disruptions; present strong protection in opposition to fraud and cyber threats; and log, monitor, and report main ICT incidents. Though DORA was enacted in January 2023 and went into impact at first of this yr, only one% of EU firms are totally DORA-compliant. Causes for this range from a scarcity of in-house experience on regulatory necessities to easy uncertainty and confusion as to find out how to start the method.
In response, CyberUpgrade DORA Self-Evaluation Software is free, anonymized, and helps everybody from technical cybersecurity and compliance specialists to executives and managers shortly assess their DORA readiness. The answer is on the market in two modalities: companies can select a Quick Monitor Mode that gives a five-minute, high-level snapshot of their present DORA readiness standing, or a Full Scope Mode that features a 25-minute “deep dive” that spots compliance gaps and produces an in depth readiness rating, together with actionable insights.
Utilizing the software is simple. Corporations solely must go to the CyberUpgrade DORA Self-Evaluation Software web site, choose a mode (Quick Monitor or Full Scope), full the evaluation questionnaire, and obtain the ensuing report that particulars DORA readiness, any compliance gaps, and beneficial subsequent steps. There is no such thing as a sign-up required and there aren’t any hidden charges or obligations.
“Monetary establishments falling in need of DORA’s requirements face severe regulatory dangers, together with administrative fines, enterprise restrictions, and even shedding working licenses,” CyberUpgrade Basic Counsel Nojus Bendoraitis wrote on the corporate’s weblog. “The dangers are even sharper for third-party ICT service suppliers, who’re instantly supervised by European Supervisory Authorities (ESAs) and face strict oversight and penalties.”
CyberUpgrade made its Finovate debut at FinovateEurope 2025 in London. On the convention, the ICT safety and compliance automation platform demonstrated how its AI-driven co-pilot CoreGuardian works with its vendor administration answer VendorGuard to offer complete cybersecurity and compliance. CoreGuardian engages employees one-on-one by channels like Slack and Groups to offer real-time training, evaluation, and alerts. VendorGuard streamlines vendor administration by dealing with threat assessments, incident planning, and prioritization.
CyberUpgrade’s know-how automates as much as 80% of compliance duties, reduces compliance prices by greater than €60,000 annually, and retains firms audit-ready across the clock. Based in 2023, CyberUpgrade is headquartered in Vilnius, Lithuania.
Photograph by Vitalijs Barilo on Unsplash
Views: 116
