Introduction: Streamlining Data Management in Cybersecurity

Continuing our initial discussion in the 3-part series from the R-SAT v2.0, we turn to the core of data protection: data management. As an Information Security Officer, your role is pivotal in safeguarding your bank’s assets. Comprehensive protection begins with the knowledge that every system – and each piece of data within those systems - is known and accounted for and is managed with the utmost care.

Introduction: Navigating the New Cybersecurity Landscape

Welcome to the first installment of our in-depth three-part series, building upon our November 14^th  webinar on the new Ransomware Self-Assessment tool (R-SAT v2.0). The new R-SAT was released by the Conference of State Bank Supervisors in mid/late October. 

As of October 24^th, 2023, a new version of the Ransomware Self-Assessment Tool (R-SAT v2.0) has been published for banks to help mitigate new risks associated with ransomware attacks and identify security gaps.  

Earlier we discussed the frequency of user access reviews and how often they should be completed. You can read that blog here. It seems that there is a direct correlation between user access review frequency and the difficulties associated with those reviews. A highly manual process will inherently prohibit increased frequency due to increased time requirements. President and CEO Zach Duke talks about the challenges these reviews pose to you and/or your staff, and some next steps on how to make that process a little simpler. Take a couple minutes to watch the video below.

FINOSEC President and CEO Zach Duke has spent a few minutes breaking down the Ransomware Self Assessment Tool. This tool was created by the Conference of State Bank Supervisors, and was crafted to help mitigate the risks associated with Ransomware. Furthermore, it serves as an effective communication piece that demonstrates to upper level management how the institution is actively being protected against this particular risk. Watch the short video below for what this tool includes and how it could serve you.

Kaseya provides IT Management Software to MSPs and IT Teams to improve efficiency and security. This week they were unfortunately the victim of a sophisticated cyber attack. Many organizations that use their product may be asking themselves, "what do I need to do to protect myself and my team?" Finosec has put together a video series to help guide you through the attack, next steps and what it means for your institution.