by Zach Duke | Feb 13, 2025 | Cybersecurity, Banking, Community Banking, Information Security Officer, Regulatory, Risk Assessment
In an industry where cybersecurity threats continue to evolve, community banks must ensure that governance and oversight processes are airtight. Yet, many still rely on spreadsheets to manage critical security tasks, compliance tracking, and risk assessments. While...
by Zach Duke | Jan 24, 2025 | Information Security, Community Banking, Cybersecurity, IT, IT Security, Risk Management
In the world of cybersecurity and third-party risk management, spreadsheets have become a popular tool. Institutions often use them for tasks such as tracking exceptions from audits, managing access rights, and conducting risk assessments. Despite their frequency of...
by Zach Duke | Jan 9, 2025 | Access Mangement, Community Banking, Information Security, IT
Securing your information security budget is challenging—especially in tight economic times. While the strategies for approval are crucial, it’s equally important to have a plan for when not everything makes it through the budget process. This is where documenting...
by Zach Duke | Dec 17, 2024 | Access Mangement, Community Banking, Cybersecurity, FDICIA, FFIEC, Information Security, IT, User Access
For financial institutions subject to FDICIA, the Federal Deposit Insurance Corporation Improvement Act, the annual management attestation is a critical declaration of compliance. It signifies that the institution’s internal controls over financial reporting (ICFR)...
by Zach Duke | Nov 27, 2024 | Community Banking, Customer
During Thanksgiving, it’s the perfect time to reflect on gratitude—both personally and professionally. At Finosec, our commitment is grounded in one key principle: the customer is the reason why we’re in business. This belief has been instilled in me since childhood,...
by Zach Duke | Nov 7, 2024 | Risk Management, Community Banking, Cybersecurity, IT, IT Security, Uncategorized, User Access
As highlighted in a recent article from the Federal Reserve, managing third-party relationships and the access associated with those relationships is a critical component of Third-Party Risk Management (TPRM). The associated access third party vendors have to banking...
