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...
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Embracing AI: A Quick Start Guide for Community Financial Institutions
Recently, I had the privilege of speaking to a group of bankers at the ICBA Live conference. When I asked who was using AI, only a few hands went up. Then I asked how many had policies forbidding AI usage, and several more hands were raised. This brought us to an interesting realization: those banks were inadvertently in violation of their own policies. AI isn’t new—it’s been enhancing our industry for years, especially in cybersecurity and fraud detection.
Partnering for Peace of Mind and Effective Oversight
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 clear: establish an effective process for information security governance and cybersecurity oversight to ensure compliance and peace of mind.
Understanding R-SAT v2.0 – A Practical Guide for Information Security Officers: Part 2 of a 3 Part Series
Introduction: Streamlining Data Management in Cybersecurity Continuing our initial discussion in the 3-part series from the R-SAT v2.0, we turn to the core of data protection: data management. As an Information Security Officer, your role is pivotal in safeguarding...
Understanding R-SAT v2.0 – A Practical Guide for Information Security Officers: Part 1 of a 3 Part Series
Welcome to the first installment of our in-depth three-part series, building upon our November 14th webinar on the new Ransomware Self-Assessment tool (R-SAT v2.0). The new R-SAT was released by the Conference of State Bank Supervisors in mid/late October.
Discovering Possibilities and Building Connections: A Recap of Jack Henry Connect 2023
Jack Henry Connect 2023 was a testament to the power of community, innovation, and the endless possibilities when technology meets banking. Read our blog to learn more about our experience at the event last month.
Navigating the Ransomware Minefield: Key Takeaways from the CSBS Report on Financial Institutions & R-SAT 2.0
A new version of the Ransomware Self-Assessment Tool (R-SAT v2.0) was published for banks to help mitigate new risks associated with ransomware attacks and identify security gaps. Learn more about these changes in our blog and how Finosec’s Governance 360 platform can help.