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 25, 2024 | Access Mangement, FFIEC, Information Security, IT, IT Security, Regulatory, User Access
Access management is a critical component of cybersecurity and compliance, especially for financial institutions where security expectations are paramount. The challenges surrounding permissions management, particularly during user access reviews, are increasing due...
by Zach Duke | Aug 29, 2024 | Uncategorized, Budgeting, Community Banking, Cybersecurity, Information Security, IT
In the current economic environment, community banks face unique challenges such as rate compression, shrinking margins, liquidity and commercial real estate concerns. These factors make the upcoming budgeting season particularly daunting for IT and information...
by Zach Duke | Aug 15, 2024 | User Access, Community Banking, Data, Data Access, Data Access Governance, Data Protection, Financial Institutions, Information Security, User Access Reporting
Preparing for your next examination can feel overwhelming as the regulatory expectations continue to expand. As you gear up for your next regulatory examination (or audit), it is crucial to align with the expectations outlined in the Federal Financial Institutions...
by Beth Sumner | Aug 1, 2024 | Community Banking, Employee, Employee Records, Financial Institutions, Information Security, IT, Risk, Security, Terminated Employees, User Access
When I first entered the banking world, user access reviews were much more straightforward. Spreadsheets were used to capture the basics of who had network and core application access. There was a page in each employee’s file listing the keys and codes they had, and...
by Zach Duke | Jul 23, 2024 | User Access, Authentication, Banking Technology, Banks, Compliance, Cybersecurity, FFIEC, Information Security, IT Security, Shadow IT
Are you confident that your bank has clear and thorough visibility to every employee’s physical and digital access to systems? If you’re like most banks we work with, the answer to this question is “no”. There are many challenges that make tracking employee access...
