“Our partnership with Finosec was a game-changer. It gave us the process and tools we needed to strengthen our information security governance.”
The Problem
Pendleton Community Bank, nestled in the heart of West Virginia, is a vital community bank serving its community. However, when their Information Security Officer left the bank, they were suddenly confronted with a serious challenge. The absence of an oversight process left them exposed to potential cybersecurity threats and compliance risks. Bill Loving, CEO of the bank, needed a solution that could quickly fill this gap.
The Solution
Bill and his team turned to Finosec and their Governance 360 Platform, a comprehensive solution for compliance, risk management, and information security governance.
“I can't overstate the comfort I found in our partnership with Finosec Governance 360. It allowed me to focus on leading the bank, secure in the knowledge that our cybersecurity and information security governance were being handled professionally.”
Bill Loving
Our Features
Simplified Reporting
Finosec’s focus on changes and privileged access has streamlined the user review process.
FFIEC Compliance
The solution is aligned with the FFIEC authentication guidelines, simplifying compliance maintenance.
Audit Preparedness
With Finosec, the bank is more effectively prepared for future exams and audits.
The Results
Enhanced Information Security
The bank significantly improved its information security posture and met compliance requirements.
Peace of Mind
Bill Loving could focus on strategic leadership with the confidence that information security governance was in capable hands.
Automated Risk Assessment:
With Finosec Governance 360, Pendleton Community Bank automated the risk assessment process, reducing manual effort and ensuring a more comprehensive evaluation of risks.
User Access Reporting and Least Privilege Validation
The platform enabled the bank to establish user access reporting and validate least privilege access, strengthening their cybersecurity defenses.
Efficient Oversight
Finosec Governance 360 empowered the bank’s team to efficiently manage vendor relationships and assess controls.
Conclusion
Bill concluded, “Our partnership with Finosec was a pivotal moment for our bank. We now have the tools, process, and peace of mind we need to navigate the complex landscape of information security and compliance.”
Finosec is committed to enabling community banks like Pendleton Community Bank to thrive by providing the necessary tools and guidance for a secure and compliant future.
