Information Security & Compliance Blog - Tandem

Financial institutions

Savannah Richardson Published Date: Oct 31, 2023 Vendor Management, Risk Assessments, Business Continuity Planning, Policy Management, Credit Unions, Security and Compliance, Incident Management, Financial Institutions, Phishing, Banks

Updated Ransomware Self-Assessment Tool (R-SAT 2.0)

On Tuesday, October 24, 2023, the state bank regulators (CSBS), Bankers' Electronic Crimes Task Force, and United States Secret Service published an…

Alyssa Pugh Published Date: Jul 10, 2023 Incident Management, Financial Institutions

The OCC’s Cybersecurity Supervision Work Program (CSW)

On June 26, 2023, the Office of the Comptroller of the Currency (OCC) published Bulletin 2023-22: Cybersecurity Supervision Work Program. Let's look…

Alyssa Pugh Published Date: Mar 28, 2023 Financial Institutions

Financial Institutions & Quantum Computing: A Cybersecurity Compliance Timeline

"Quantum computing" started as a theory decades ago. Today it is becoming a reality with companies like IBM launching powerful quantum computers and…

Alyssa Pugh Published Date: Nov 21, 2022 Financial Institutions, Phishing

5 Ways to Improve Your Phishing Test Results

It's no secret that phishing tests are a commonly used form of security awareness training. In fact, the 2022 Tandem State of Cybersecurity Report…

Alyssa Pugh Published Date: Oct 10, 2022 Policy Management, Credit Unions, Security and Compliance, Financial Institutions, Banks

6 Tips for Writing an Effective Information Security Policy

If you asked a hundred Information Security Officers (ISOs) about their favorite part of the job, I would be willing to venture a guess that exactly…

Alyssa Pugh Published Date: Sep 23, 2022 Security and Compliance, Incident Management, Financial Institutions, Banks

How to Know if Your Bank Must Report a Cybersecurity Incident

Since the effective date for the incident notification rule for banks, we have received several questions asking about whether an incident would be…

Alyssa Pugh Published Date: Aug 29, 2022 Credit Unions, Incident Management, Financial Institutions, Banks

Your Financial Institution Incident Management Guidance Cheat Sheet

During the development of our Incident Management product, we spent a lot of time researching and reviewing guidance, so we could know exactly what…

Alyssa Pugh Published Date: Aug 16, 2022 Financial Institutions, Banks

FFIEC Rescinds the E-Banking Booklet

On May 13, 2022, the FFIEC published an entry to the IT Examination Handbook Infobase What's New page stating that they had rescinded the E-Banking…

Alyssa Pugh Published Date: Aug 01, 2022 Credit Unions, Financial Institutions, Banks

Difference Between Electronic Banking, Internet Banking, Mobile Banking, Open Banking, and Digital Banking

If you work in a financial institution, you may be familiar with using the terms "electronic banking," "internet banking," and "mobile banking"…

Alyssa Pugh Published Date: Jul 18, 2022 Credit Unions, Incident Management, Financial Institutions, Banks

Security Incident Management Training: What Employees Need to Know

Every member of your staff is responsible for doing their part to help secure the organization from incidents, but do they know that? Employee…

Alyssa Pugh Published Date: Jul 07, 2022 Credit Unions, Financial Institutions

Credit Unions and Crypto: The NCUA’s Take on DLT and Digital Assets

As distributed ledger technology has evolved over the last few years, the National Credit Union Administration (NCUA) has stepped into the unknown…

Alyssa Pugh Published Date: Jun 28, 2022 Credit Unions, Financial Institutions, Banks

An Overview of the FTC Safeguards Rule

On December 9, 2021, the Federal Trade Commission (FTC) published their revised Standards for Safeguarding Customer Information (16 CFR Part 314) in…

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