Back to Blog

User Access Reporting Frequency

By Finosec

November 10, 2021

Get notified on new insights from Finosec now!

Be the first to know about new Finosec blogs to grow your knowledge of the cybersecurity governance industry today!

User access reviews can be a complex, time consuming process. Coupled with the regulatory expectations regarding these reviews and their frequency, they prove to be an arduous task that is far too often hindered by reliance on legacy systems. We believe everyone deserves a simple approach to cybersecurity, and user access reviews are no exception. President and CEO Zach Duke asks some questions regarding user access, and Finosec would like to hear your feedback on your experiences and opinions on this matter. Watch the video below for more information.

When considering high risk systems such as core processing and ACH, how often should user access reviews be completed? Annually? Quarterly? More frequently? Conducting a thorough review of every user and their access is vital to confirm that the principle of least privilege is being followed and that only those who need access are granted it. But is it possible that your frequency is obstructed by the complexity of the process? The reports can be hundreds or even thousands of pages long, so we believe a simplified process may make the frequency, whatever it may be, seem less daunting. For more information on how Finosec comes along side your institution to simplify User Access Reporting, visit our User Access Page at https://finosec.com/solutions/user-access-reporting.

Share your thoughts in the survey here, and you will be entered for a chance to have $250 donated to the charity of your choice (selected in the survey). We would love to hear from you! The results will be shared on Friday, November 12th in Finosec Academy!

More from Finosec

Mastering Access Management: Best Practices for Effective User Access Reviews

Mastering Access Management: Best Practices for Effective User Access Reviews

Access management is a critical component of cybersecurity and compliance, especially for financial institutions where security expectations are paramount. The challenges surrounding permissions management, particularly during user access reviews, are increasing due to regulatory expectations and the complexity of banking applications. In this blog post, we’ll explore the regulatory expectations, common exam findings, and best practices that can help your organization manage user access effectively while adhering to the principle of least privilege – limiting user access to only the resources necessary to perform their job functions.

The Critical Link Between Third-Party Risk Management (TPRM) and Access Management

The Critical Link Between Third-Party Risk Management (TPRM) and Access Management

As highlighted in a recent article from the Federal Reserve, managing third-party relationships and the access associated with those relationships is a critical component of Third-Party Risk Management (TPRM). The associated access third party vendors have to banking systems is known as Access Management and is foundational for mitigating risks associated with third-party relationships. Access Management may be easy to overlook because it does not always reside with the same person or team as TPRM; making it difficult to provide critical oversight.

With increased regulatory focus, how should institutions be thinking of Access Management? Here are five steps your institution can take today to strengthen your third-party governance.

Talk To An Expert Now
Talk To An Expert Now 770.268.2765