Back to Blog

ICBA ThinkTECH Overview

By Finosec

July 12, 2021

Get notified on new insights from Finosec now!

Be the first to know about new Finosec blogs to grow your knowledge of the cybersecurity governance industry today!

In our conversations with the over 100+ community banks during the ICBA ThinkTECH we saw time and time again that cybersecurity governance is complicated, labor-intensive, and leaves community bankers feeling overwhelmed. As we dove deeper into our discussions we found these three common challenges.

  • User Access Report Reviews from legacy banking applications
  • A lack of Exam and Audit Readiness Status or Scoring
  • A lack of a place to centrally document all of the banking functions and systems the bank is leveraging

When we started the ICBA ThinkTECH, our team at Finosec, had a goal to bring on 5 ICBA banks by 6/30/21, and we are excited that we were able to exceed our goal!

Our team was truly blessed by the investment of time from the ICBA, the Venture Center, the ICBA Selection Committee, and all of the banks that attended the ThinkTECH

More from Finosec

The Critical Link Between Third-Party Risk Management (TPRM) and Access Management

The Critical Link Between Third-Party Risk Management (TPRM) and Access Management

As highlighted in a recent article from the Federal Reserve, managing third-party relationships and the access associated with those relationships is a critical component of Third-Party Risk Management (TPRM). The associated access third party vendors have to banking systems is known as Access Management and is foundational for mitigating risks associated with third-party relationships. Access Management may be easy to overlook because it does not always reside with the same person or team as TPRM; making it difficult to provide critical oversight.

With increased regulatory focus, how should institutions be thinking of Access Management? Here are five steps your institution can take today to strengthen your third-party governance.

The Critical Foundation of Managing Access to Banking Systems

The Critical Foundation of Managing Access to Banking Systems

Managing access to banking systems has become increasingly complex as financial institutions navigate legacy reporting systems, API access, and cloud solutions. These challenges, along with the risks posed by unmanaged systems, emphasize the need for maintaining a...

Talk To An Expert Now
Talk To An Expert Now 770.268.2765