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 complexities surrounding these policies, particularly regarding coverage in the event of a breach, can leave many organizations vulnerable.
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Cyber Attack
The Best Defense Against Ransomware
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.
Understanding R-SAT v2.0 – A Practical Guide for Information Security Officers: Part 3 of a 3 Part Series
Fostering a Culture of Security Through Education and Oversight As we wrap up our informative series based on the R-SAT v2.0 insights, we highlight not only the tactical applications of cybersecurity but also the strategic importance of cultivating a robust security...
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.
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.
The Human Firewall: The First and Final Defense for Financial Institutions
What do you need to have an effective training program for cybersecurity training? Learn more in our blog.
ChatGPT and AI in Banking
When it comes to information security and cyber threats, in the past years, topics like ransomware, malware, patching, cyber insurance, and …
There is more to Cyber Insurance than you may think.
Cybersecurity insurance is an increasingly important component of your financial institution’s overall information security program.
Cyber Insurance
In the ever evolving landscape of cyber risk, cyber insurance is more important than ever.