Information Security & Compliance Blog - Tandem

Financial institutions

Alyssa Pugh Published Date: Mar 15, 2022 Career, Credit Unions, Financial Institutions, Banks

What to Do if Your ISO Leaves

Finding the right person to be your information security officer (ISO) can be a challenge. The person filling this role often wears many hats, most…

Alyssa Pugh Published Date: Mar 03, 2022 Credit Unions, Security and Compliance, Financial Institutions, Banks

4 Things to Consider Before Hiring a vISO

Working in cybersecurity can be exhausting. Not only must Information Security Officers (ISOs) be well-versed in the ever-changing world of…

Alyssa Pugh Published Date: Jan 04, 2022 Vendor Management, Risk Assessments, Policy Management, Credit Unions, Security and Compliance, Financial Institutions, Phishing, Banks

What is Multifactor Authentication?

In a world increasingly affected by cyber-attacks (e.g., account takeover, compromised credentials, ransomware, etc.), multifactor authentication…

Alyssa Pugh Published Date: Dec 08, 2021 Credit Unions, Incident Management, Financial Institutions, Banks

5 Benefits of an Incident Tracking System

In January 2021, we asked a group of 175 financial institution cybersecurity professionals if their organization had a formal incident tracking…

Alyssa Pugh Published Date: Nov 23, 2021 Risk Assessments, Policy Management, Credit Unions, Audit Management, Financial Institutions, Banks

What is an IT Audit Risk Assessment?

At Tandem, we occasionally receive questions from our clients on the topic of an "IT audit risk assessment," most often in reference to an…

Alyssa Pugh Published Date: Oct 15, 2021 Cybersecurity Assessment Tool, Security and Compliance, Financial Institutions

How Often Should You Complete the FFIEC Cybersecurity Assessment Tool?

IMPORTANT DISCLAIMER On August 29, 2024, the FFIEC published a statement announcing the sunset of their Cybersecurity Assessment Tool (CAT). The tool…

Alyssa Pugh Published Date: Sep 14, 2021 Security and Compliance, Financial Institutions

FedLine Solutions Security and Resiliency Assurance Program

To promote the security of payment systems, the Federal Reserve has an initiative in place called the FedLine Solutions Security and Resiliency…

Lauren Wiley Published Date: Aug 27, 2021 Financial Institutions

Top Trends in Cybersecurity Spending for Financial Institutions

In our recent State of Cybersecurity survey, we set out to find any trends among U.S. financial institutions when it comes to budgeting for IT and…

Admin Published Date: Jul 23, 2021 Security and Compliance, Financial Institutions

ISO Management and Staffing in 2021

Welcome to the first of our eight-part content series based on data pulled from our 2021 State of Cybersecurity Report. Earlier this year, Tandem…

Alyssa Pugh Published Date: Jul 08, 2021 Business Continuity Planning, Security and Compliance, Financial Institutions

FFIEC Releases New Architecture, Infrastructure, and Operations Booklet

On June 30, 2021, the Federal Financial Institutions Examination Council (FFIEC) released a new Architecture, Infrastructure, and Operations (AIO)…

Alyssa Pugh Published Date: Nov 23, 2020 Risk Assessments, Business Continuity Planning, Security and Compliance, Financial Institutions

What is Business Continuity Planning?

What is Business Continuity Planning? In its simplest form, business continuity planning (sometimes referred to as business continuity management) is…

Russ Horn Published Date: Nov 21, 2020 Risk Assessments, Security and Compliance, Financial Institutions

State Banking Departments Announce New Ransomware Assessment (R-SAT)

NOTE: This article may contain outdated information. See the updated article for details: Updated Ransomware Self-Assessment Tool (R-SAT 2.0).

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