Compliance
Stay secure and up-to-date with the latest standards, all while minimizing risk and maintaining complete control
Circeo's Commitment to GDPR Compliance
The General Data Protection Regulation (GDPR) is a significant benchmark for personal data protection and security. At Circeo, we recognize its importance and are committed to helping our clients navigate the complexities of compliance - we actually see it as the best opportunity to build trust. Our approach to GDPR compliance is comprehensive and deeply integrated into our operations:
- We prioritize transparency and accountability in all our data processing activities
- By implementing clear data protection policies and procedures, we ensure that personal data is handled with care
- Circeo’s Solution TheLoanFactory has been designed with privacy in mind, embedding data protection features that safeguard personal data throughout its lifecycle
- Our contract templates include all data protection mandatory clauses
We are convinced that compliance is not a one-time effort but an ongoing commitment. This includes fostering a culture of privacy awareness through regular training sessions, comprehensive audits, and detailed impact assessments, ensuring that every aspect of data protection is meticulously addressed.
How does this impact you?
DORA
In today’s fast-paced digital landscape, maintaining compliance with regulatory standards is crucial for safeguarding both business operations and customer trust. At Circeo, we understand the importance of adhering to the latest regulatory frameworks. We are proud to say that Circeo is one of the first cloud lending platform suppliers to be at the forefront of compliance with regulatory standards, including the Digital Operational Resilience Act (DORA).
What is DORA?
The Digital Operational Resilience Act, or DORA, is a comprehensive regulatory framework established by the European Union to ensure the operational resilience of digital services within the financial sector. DORA aims to enhance the cybersecurity and operational standards for financial institutions, making sure they can withstand, respond to, and recover from all types of ICT-related disruptions and threats. It enters into application on the 17th of January 2025.
Our commitment to DORA compliance
At Circeo, we have taken significant steps to align our operations with DORA’s strict requirements. Here’s how we’re doing it:
1. Robust ICT Risk Management
- We have implemented a comprehensive ICT risk management framework that identifies, assesses, and mitigates risks. We are committed to ensuring continuous monitoring and swift response to any potential threats, aligning perfectly with DORA’s emphasis on risk management.
2. Efficient Incident Reporting
- Transparency and prompt reporting are at the core of DORA’s provisions. We have established a streamlined incident reporting process to ensure any ICT-related incidents are promptly reported. This not only helps in immediate threat mitigation but also supports long-term resilience planning.
3. Comprehensive ICT Security
- Our ICT security policies are designed to meet the highest standards of data protection and cybersecurity. By implementing multi-layered security measures and regular audits, we ensure that all our digital operations are fortified against cyber threats. Our commitment to security is not only based on policies: we are ISO 27001 certified!
4. Continuous Testing and Improvement
- To maintain operational resilience, we conduct regular testing of our systems. This continuous testing helps us identify potential weaknesses and address them proactively, ensuring that our systems remain robust under any circumstances.
Helping Our Clients Achieve DORA Compliance
We believe that our commitment to DORA compliance extends beyond our internal operations, as DORA mostly imposes obligations on Financial Entities. As your trusted service provider, we are dedicated to helping you navigate the complexities of DORA and achieve compliance of the subcontracted services seamlessly.
- We can share our experience and understanding of DORA with you, and accompany you to ensure your team is well-versed in DORA requirements and best practices.
- We have readily-available contract templates that include DORA requirements as well as our commitments and we are open to any additional service you may need to ensure DORA compliance.
Join us on the path to compliance...
We are convinced that compliance is not a one-time effort but an ongoing commitment. This includes fostering a culture of privacy awareness through regular training sessions, comprehensive audits, and detailed impact assessments, ensuring that every aspect of data protection is meticulously addressed.