Security in a Cloud Computing Environment The FFIEC recently released guidance regarding cloud computing. Our team at Finosec has spent a number of hours reviewing and digesting the expectations. The summary here is that there’s really no new guidance. However, there are a couple of key takeaways we wanted to highlight as you’re going through...
The FDIC and OCC put out a joint statement on heightened cybersecurity risk concerns. This ‘heightened’ concern has bubbled up from the concerns in the Middle East and specifically, Iran. In our nation’s history, oceans have been one of our primary defenses, but in today’s interconnected world, barriers for state-sponsored cyberattacks have been removed. I...
The FDIC and OCC put out a joint statement on heightened cybersecurity risk concerns. This ‘heightened’ concern has bubbled up from the worries in the Middle East and Iran. In our nation’s history, oceans have been one of our primary defenses, but in today’s interconnected world, barriers for state-sponsored cyberattacks are removed. In the past...
Upon the team’s completion of a full review, Finosec’s Zach Duke discusses key takeaways regarding effective cybersecurity controls as outlined in this Financial Institution Letter (FIL). Zach draws attention to some very specific points, such as changes in focus and emphasis on review frequency, as well as other important distinctions made in this issuance. Watch...