by Zach Duke | Apr 25, 2024 | Cybersecurity, Banking, Community Banking, Cyber Attack, FDIC, Governance, Information Security, Insurance, User Access, User Access Reporting
In the evolving state of cybersecurity, financial institutions grapple with the challenge of safeguarding their digital and financial assets against cyber threats. Cyber insurance has emerged as a critical component of risk management strategies. However, the...
by Zach Duke | Apr 11, 2024 | Authentication, Cybersecurity, Digital Banking, Financial Institutions, MFA, Multi-Factor Authentication, User Access
The Federal Financial Institutions Examination Council (FFIEC) Authentication Guidance update in August 2021 has marked a significant step towards enhancing authentication and security access measures within financial institutions. This update expanded upon previous...
by Andy Mills | Mar 28, 2024 | Ransomware, Cyber Attack, Cybersecurity, MFA, Multi-Factor Authentication
Beth Sumner, our VP of Customer Success, recently had the opportunity to discuss ransomware attacks and the importance of community bankers staying vigilant against these crimes in Independent Banker. While the number of ransomware attacks continues to increase, so...
by Beth Sumner | Mar 12, 2024 | Succession Planning, Cybersecurity, Governance, Information Security Officer, Risk
In today’s world where cyber threats evolve rapidly, the challenge of replacing an Information Security Officer (ISO) underscores a critical issue: the cybersecurity job market is scorching, yet talent is scarce. This gap has turned recruitment into a high-stakes game...
by Zach Duke | Feb 22, 2024 | Information Security, Bank Vendor Management, Banks, Case Study, Community Banking, Compliance, Compliance Risks, Cybersecurity, Information Security Governance, Information Security Officer, Least Privilege Validation, User Access, User Access Reporting
Pendleton Community Bank, a $700 Million Dollar Bank with 133 Employees in Franklin, WV, led by CEO Bill Loving, faced a critical challenge when their Information Security Officer departed, leaving a significant void in their oversight capabilities. Their goal was...
by Beth Sumner | Dec 15, 2023 | Banks, CSBS, Cyber Attack, Cybersecurity, Digital Banking, Financial Institutions, Governance, MFA, Multi-Factor Authentication, Ransomware
Fostering a Culture of Security Through Education and Oversight As we wrap up our informative series based on the R-SAT v2.0 insights, we highlight not only the tactical applications of cybersecurity but also the strategic importance of cultivating a robust security...
