Nearly all business and financial operations are driven by technology, making IT systems central to your organization’s sustainability. Effective data security is critical as cyberthreats become more common and damaging.
New cloud solutions and mobile banking innovations present major opportunities to deliver better service to your members, but your business and clients are both vulnerable if you’re not properly protecting data.
Develop customized solutions that can evolve to address new threats and regulatory guidance while delivering peace of mind to you and your customers.
Key Support Areas
Protect your sensitive corporate information and the personal information of your employees and customers with effective security and IT systems.
Determine how your company stacks up in meeting statutory requirements such as SOC 1,2,3; PCI DSS; and HIPAA & HITRUST; adhering to strategic practices in corporate governance; or reducing reputational risk with security assessments and audits.
Review IT General Controls
Safeguard member information against Federal Financial Institutions Examination Council (FFIEC) guideline requirements based on evaluations of your main computer system, network security, and ancillary systems.
Test Network Vulnerabilities
Determine the strength of your network through controlled penetration tests that simulate attacks against known weak points in your system—approaching the system through a hacker’s viewpoint.
Evaluate Employee Safety Precautions
Mitigate the risk of your employees mistakenly revealing confidential information through an evaluation of the training they receive.
PIN Encryption and Key Management Audits
Test your procedures and controls for governing PIN and encryption key management requirements in accordance with the ATM Systems Operating Rules and Guidelines.
Review Vendor Management
Evaluate your vendor management program against current regulatory requirements.
- Address your institution’s processes for due diligence and contracts prior to closing
- Verify that contracts appropriately address critical security, compliance, and service topics
- Assess how you monitor service provider relationships