Tag: cyber risk

NCUA Keeps Supervisory Priorities Steady in 2018

The National Credit Union Administration’s Supervisory Priorities for 2018 remain consistent with 2017 with an emphasis on controlling risks. The…

Creating Reliable Risk Assessments: How to Measure Cyber Risk

Part 2 of 4 Risk assessment is the first step to managing and hardening your cybersecurity. The FFIEC strongly recommends…

Creating Reliable Risk Assessments: How to Measure Data Security / GLBA Risk

Part 1 of 4 Protecting customer’s sensitive data is more than just a sacred duty. It’s a regulatory requirement. A…

Here We Go Again: Vendor Cybersecurity Breaches Keep Wreaking Havoc

Another day, another third-party data breach. Actually, two of them. Earlier this month we learned that data from at least…

Much Ado About Nothing: Update to the FFIEC Cybersecurity Assessment Tool Barely Worth a Mention

When the FFIEC announced an update to Cybersecurity Assessment Tool last month, my team and I dug in ready to…

STOP! Collaborate Cautiously and Listen- The OCC is Back with New Third-Party Risk Management Guidance

Just in time for your summer beach reading, the OCC has released frequently asked questions based on OCC Bulletin 2013-29,…

Will Your Vendors Fall Victim to Ransomware and Other Cybersecurity Threats?

Third-party vendors are often the weak link in the cybersecurity fence. From the HVAC company with unfettered access that caused…

Independent Banker Magazine Interviews Michael Berman, Ncontracts CEO

According to the CEO of enterprise risk specialist Ncontracts, cybersecurity risk assessments aren’t just an exercise in compliance. Besides the…

Guarding Against Cyber Events: How Strong Are Your Vendor’s Protections?

The FDIC Office of Inspector General’s (OIG) deep dive into the state of vendor management has revealed widespread deficiencies including…

Webinar: Overcoming the Compounded Risks of Business Continuity Planning and Cybersecurity

There’s disaster, and then there’s disaster: A branch building can be repaired after a tornado, but lost customer data is…