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The Federal Financial Institutions Examination Council (FFIEC) Authentication Guidance update in August 2021 has marked a significant step towards enhancing authentication and security access measures within financial institutions. This update expanded upon previous handbooks from 2005 and 2011, emphasizing a broader scope that now includes employees, third-party vendors, and system-to-system communications via APIs.
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.
In the rapidly evolving landscape of banking technology and cybersecurity, understanding and implementing effective Identity and Access Management (IAM) strategies is more crucial than ever. Yet, we understand that delving into the complexities of IAM can be daunting. Our goal is to unpack this crucial matter into straightforward and practical measures.
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...
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...
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.
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.
