by Scott McIlrath | Oct 26, 2023 | Cybersecurity, Banks, CSBS, Cyber Attack, Digital Banking, Financial Institutions, Governance, MFA, Multi-Factor Authentication, Ransomware
As of October 24th, 2023, a new version of the Ransomware Self-Assessment Tool (R-SAT v2.0) has been published for banks to help mitigate new risks associated with ransomware attacks and identify security gaps. Ransomware attacks are not just a fleeting headline; they...
by Beth Sumner | Oct 5, 2023 | Cyber Attack, Cybersecurity, Cybersecurity Awareness Month, Risk, Security, Training
In today’s rapidly evolving digital landscape, financial institutions are under constant threat from cyber adversaries. While policies, security information and event management (SIEM) systems, firewalls, and encryption are indispensable, there’s an...
by Zach Duke | Sep 14, 2023 | Cybersecurity, Information Security, Infosec, page-user-access, Reporting, Risk, Risk Assessment, User Access
The Federal Financial Institutions Examination Council (FFIEC) updated its Authentication Guidance in August 2021, which aims to standardize and enhance security measures for financial institutions. We are seeing a focus on these areas during exams and audits, and...
by Beth Sumner | Jul 27, 2023 | Cybersecurity, Information Security, Infosec, page-user-access, Reporting, Risk, Risk Assessment, Training, User Access
Today, we’re delving into an essential topic that affects both the security and the integrity of your digital assets: privilege creep. In this blog, we’ll explore the potential risks, and provide you with actionable strategies to prevent this sneaky threat from...
by Zach Duke | Mar 7, 2023 | Banking, Cybersecurity, Finosec Forward, ICBA
One of the most difficult moments in my career happened several years back at an ICBA Live event in New Orleans. I can immediately go back to that moment… My wife called, distraught, telling me she was taking our then-8-year-old son to the hospital. Rick had been...
by Zach Duke | Mar 2, 2023 | Banking, Cybersecurity, Infosec
I am the classic visionary entrepreneur, clearly seeing the future of what can be, focusing on it, and creating a vision to implement. Since I am so focused on the future, transparently, I must be intentional about taking time to look back and reflect. One way I do...