by Finosec | Jun 2, 2022 | Banking, Board, Board Training, Cybersecurity, Information Security, IT, IT Controls, Processess, Risk Assessment
Managing Risk Bankers are intrinsically good at managing risk. Credit quality, credit validation, and even loans all involve risk management. Cyber security and information security really aren’t all that different, but the processes can seem a bit more complicated....
by Finosec | May 19, 2022 | Banking, Board Training, Cybersecurity, Information Security
ISO Independence A vital component of your information security program is an information security officer that is independent and adhering to appropriate segregation of duties as outlined by regulatory expectations. The FFIEC Information Security Handbook states:...
by Finosec | May 5, 2022 | Banking, Cybersecurity, Exam
And let’s acknowledge the tests associated with bank examiners definitely fall into the “not fun” category. It’s partly because the scope of what bank regulators expect continues to expand. A lot of the focus is on the steps your institution takes to keep private...
by Finosec | Apr 27, 2022 | Cybersecurity, Banking, Security
Have you addressed the Computer-Security Incident Notification Requirements for Banking Organizations? Full compliance has been extended to May 1, 2022. Five questions to ask: Have we updated our Incident Response Plan? Do we have documentation of who and how we...
by Finosec | Apr 21, 2022 | Banking, Board, Board Training, Cybersecurity, Training
In a technology driven industry, it is easy to assume that most of the decisions made around your cybersecurity posture are related to tools and software. While that may be the case a majority of the time, FINOSEC President and CEO Zach Duke also raises some questions...
by Finosec | Apr 7, 2022 | Banking, Board, Board Training, Cybersecurity, Training
It is understood and expected that auditors and examiners will ask financial institutions about the safeguards, controls, and tools in place that drive and strengthen their cybersecurity governance. But as FINOSEC President and CEO Zach Duke describes in today’s...
