Understanding examiner expectations and knowing how to train your team and board on information security is important. You and your team need to know where the risks are and where regulators are focused based on those risks.
FDIC and OCC Joint Statement on Cybersecurity Key takeaways - Part 1
FINOSEC posted in FDIC, Joint Statement, OCC, Cybersecurity
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 several weeks, we have seen several updates from the Department of Homeland Security, FBI, and in this case, regulatory agencies.
FDIC and OCC Joint Statement Key Takeaways - Part 2
FINOSEC posted in FDIC, Joint Statement, OCC, Cybersecurity, Innovation
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 spent some time discussing the 6 Questions to Answer in Part 1, and today I wanted to dive into Authentication.