3 min read
The Second Amendment to the New York Department of Financial Services (NYDFS) Part 500, finalized on November 1, 2024, introduces more stringent...
2 min read
Artificial intelligence, quantum computing, cryptocurrency, banking as a service - there’s no shortage of new technology shaking up the financial...
2 min read
When the Dodd-Frank Act was passed in 2010, it included Section 1033. This section required the Consumer Financial Protection Bureau (CFPB) to create...
2 min read
In every aspect of life, from managing a company to navigating through traffic, guidelines play a crucial role in maintaining order and achieving...
2 min read
A BISO (Business Information Security Officer) is an ombudsman for business lines across an institution. This person is responsible for representing...
2 min read
While the FFIEC has released three major guidance updates since July 2019, the FDIC has not updated its examination program to include the newer...
1 min read
It’s common practice for financial institutions to outsource some or all of their Information Technology (IT) functions to a Managed Service Provider...
3 min read
We have many institutions either going through or coming out of a large amount of change. It seems like there’s always some new guidance, product, or...
2 min read
A few weeks ago, in my life outside of cybersecurity, a person said to me: “You are always thinking three steps ahead of the rest of us”. I am not...
2 min read
While the definition of a partner is fairly broad, its principles apply to a very broad spectrum of relationships. In the cybersecurity realm, this...
