Beth Sumner, our VP of Customer Success, recently had the opportunity to discuss ransomware attacks and the importance of community bankers staying vigilant against these crimes in Independent Banker. While the number of ransomware attacks continues to increase, so do the sums demanded by the attackers.
Step Four in the FINOSEC user access review best practice series is to ensure users who have access to your systems have legitimate duties that justify not only access but their specific permissions for those systems.
user access review best practices series is to rate and prioritize the system risks you identified as the most important systems
You should always start this process with the highest-risk systems. These typically include things such as active directory, core processors, wire transfers, and more. Overall, every system you have for which there is privileged access will usually be a higher-risk system.
User access reviews are important, Examiners expect you to complete them regularly, They’re a crucial element of your overall cybersecurity program…
Here’s a simple and universal truth of the human condition: we tend to avoid tasks we think will be hard. Or complicated. Or time consuming. Or all three!
Financial institutions have long viewed user access reviews as a double edged sword. They’re a crucial component in managing to least privilege.
User access reviews are important. They also tend to be a complex, time-consuming task.
Cybersecurity insurance is an increasingly important component of your financial institution’s overall information security program.
Finosec announced that the user access reporting process no longer needs to be complicated, thanks to their User Access Reporting solution.
Bank examiners and auditors constantly change their expectations. It feels as if your information security program is a moving target.
