by Zach Duke | Oct 10, 2024 | User Access, Community Banking, Cybersecurity, Data Access Governance, FFIEC, Governance, Information Security Governance, IT
The FFIEC has updated their expectations for access management with the Authentication and Access to Financial Institution Services and Systems Guidance. This guidance expands beyond traditional customer authentication and places a significant emphasis on...
by Zach Duke | Jun 6, 2024 | AI, AI Governance, AI Policy, FDIC, Financial Institutions, Generative AI, Governance, Information Security, Information Security Governance, IT, Machine Learning, Regulatory, Technology
The integration of artificial intelligence (AI) in the financial services sector presents both transformative opportunities and significant challenges. As financial institutions increasingly evaluate AI technologies, it is crucial to ensure these innovations comply...
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 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 Beth Sumner | Feb 8, 2024 | User Access, Governance, MFA, Multi-Factor Authentication, Risk Assessment
In the rapidly evolving landscape of banking technology and cybersecurity, understanding and implementing effective Identity and Access Management (IAM) strategies is more crucial than ever. Yet, we understand that delving into the complexities of IAM can be daunting....
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...
