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...
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 Zach Duke | Sep 14, 2023 | Cybersecurity, Information Security, Infosec, page-user-access, Reporting, Risk, Risk Assessment, User Access
The Federal Financial Institutions Examination Council (FFIEC) updated its Authentication Guidance in August 2021, which aims to standardize and enhance security measures for financial institutions. We are seeing a focus on these areas during exams and audits, and...
by Beth Sumner | Jul 27, 2023 | Cybersecurity, Information Security, Infosec, page-user-access, Reporting, Risk, Risk Assessment, Training, User Access
Today, we’re delving into an essential topic that affects both the security and the integrity of your digital assets: privilege creep. In this blog, we’ll explore the potential risks, and provide you with actionable strategies to prevent this sneaky threat from...
