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...
by Finosec | Mar 11, 2022 | Banking, Community Banking, Cybersecurity, Fintech, Press Release, User Access
The practice of user access reporting within financial institutions has historically been an arduous process that relies on archaic technology and is both time and labor intensive. While generating multiple user access reports per year would be ideal, many financial...
by Finosec | Mar 10, 2022 | Banking, Cybersecurity, Fintech
The landscape of cyber risk, and the equal and opposite best practices, is an ever evolving, ever growing, moving target. Staying abreast of the latest recommendations and regulatory expectations can be a daunting task, but it isn’t one that has to be faced alone....
