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...
by Beth Sumner | Jul 2, 2024 | Community Banking, Financial Institutions, Information Security, IT, Risk, Shadow IT, User Access
In the world of community banking, the landscape of information security and cyber risk management has dramatically evolved. Gone are the days when all servers were in-house, and every application installation involved the IT department. Today, it’s easier than ever...
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...
