Cribl Stream – the key to digital operational resilience in the financial sector in the era of DORA

The DORA Regulation establishes a framework for banks, insurance companies, and other financial entities that need to:

• effectively manage ICT risk,
• report incidents within required deadlines,
• test operational resilience,
• monitor and mitigate risks associated with external ICT service providers.

Cribl Stream is a solution that enables financial institutions to have full control over operational and security data. Through this module, organizations can not only meet DORA’s requirements but also increase operational efficiency and flexibility.

1. Complete observability and data management

Cribl Stream allows in real-time to collect, process, and direct log and metric data from various sources. This provides institutions with a holistic view of their ICT environment, facilitating early incident detection and faster response.

2. Streamlined incident reporting

DORA mandates the quick reporting of significant incidents. Cribl Stream automates the extraction of key data from log streams, allowing institutions to meet time requirements and build trust.

3. Effective ICT risk management

With data transformation and enrichment functions, Cribl Stream allows for adapting data streams to specific security tools. This enhances threat detection efficiency and supports comprehensive risk management strategies.

4. Resilience testing

Regular digital resilience tests are one of DORA’s pillars. Cribl Stream allows simulating data flows and monitoring system responses to loads, threats, or failures.

5. Managing external vendor risk

Cribl Stream integrates data from ICT service providers, allowing full visibility and control over their quality and security. Additionally, by saving and replaying complete data sets, institutions gain transparency.

Cribl Stream is a comprehensive solution that genuinely strengthens the operational resilience of financial institutions. It facilitates data observability, speeds up incident reporting, supports risk management, resilience testing, and control over external vendors.

In a world where reliability and security of financial services are crucial for maintaining a competitive edge, Cribl Stream becomes a strategic partner in building digital resilience.

Want to learn more about how Cribl can support your institution in meeting DORA’s requirements? Feel free to contact with our team!