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For over a year now, every Tuesday, the Finosec team has been holding a meeting to discuss how we are leveraging AI personally, at work, and in our platform. These weekly meetings have consistently focused on sharing the impact of AI for each of us personally and the...
In today’s world where cyber threats evolve rapidly, the challenge of replacing an Information Security Officer (ISO) underscores a critical issue: the cybersecurity job market is scorching, yet talent is scarce. This gap has turned recruitment into a high-stakes game for financial institutions, where the departure of an ISO exposes vulnerabilities and regulatory risks. With remote work expanding the competition for skilled professionals, the importance of strategic succession planning has never been more acute, ensuring that institutions remain fortified even in the face of staffing changes.
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.
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.
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!
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.
It is likely that some outdated processes are still in place, and your information security and cyber security teams are no exception
A vital component of your information security program is an information security officer that is independent.
