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Third-Party (2)

2 min read

Addressing the MOVEit Vulnerability: Actions for Financial Institutions

Financial institutions rely on numerous third-party providers to support their operations and deliver essential services. However, these partnerships...

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2 min read

Reviewing the New Interagency Third-Party Risk Management Guidance

On June 6th, the Federal Reserve, FDIC, and OCC released new interagency guidance on third-party risk management. The new guidance, based on existing...

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2 min read

Insider Cybersecurity Threats: What Financial Institutions Need to Know

Community financial institutions face a wide range of cybersecurity threats, but one of the most concerning is insider threats. Insider threats refer...

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2 min read

Closing the Cybersecurity Skills Gap

Small financial institutions, such as community banks and credit unions, face unique challenges when it comes to cybersecurity. One of the biggest...

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1 min read

The What, Why, and How of Complementary User Entity Controls

Reviewing Complementary User Entity Controls (CUECs) is an important part of any financial institution’s third-party management program. However, we...

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2 min read

Self-Assessing Authentication & Access Risk

A little over a year ago, banking regulators released the “Authentication and Access to Financial Institution Services and Systems” guidance. Since...

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1 min read

Outsourcing IT

It’s common practice for financial institutions to outsource some or all of their Information Technology (IT) functions to a Managed Service Provider...

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