Tag Archives: security

What Should Be in a Bank Event Logging Policy?

banking event log for IT security monitoring

A comprehensive bank event logging policy should explicitly define the primary purpose of logging, outline exactly which systems and events must be tracked, set specific retention expectations, and establish strict access controls. Furthermore, it needs to clarify who is responsible for reviewing these logs, what triggers an escalation, and how the data will support audit […]

What Is IT Asset Management and Why Do Bank Examiners Care About It?

banking IT asset management best practices

IT asset management (ITAM) is the continuous process of tracking, evaluating, and managing all the technology tools your organization uses to operate on a daily basis. For financial institutions, following IT asset management best practices ensures that every device, application, and cloud resource is secure, compliant, and fully accounted for. Finding the right IT solutions […]

7 IT Documents Community Banks Need Ready for Exams

regulatory compliance in banking

Bank exams can cause unnecessary stress, especially when examiners start asking for your IT paperwork. Regulators want to see undeniable proof that your community bank actively manages its cybersecurity and network infrastructure. They are looking for clear, organized, and updated records that show you have a handle on potential risks. Achieving regulatory compliance in banking […]

How to Build a Data Flow Diagram That Actually Helps During an IT Exam

image showing data flow diagram

The notification just landed in your inbox: the examiners are coming. For many community bank IT officers, this moment triggers a scramble to update policies, gather logs, and double-check vendor contracts. But there is one document that often gets overlooked until the last minute—your network diagram. More specifically, your data flow diagram. It’s easy to […]

How to Secure Stored Data: Best Practices for Banks

bank employee looking at laptop

Think about your own attic or garage for a moment. Over the years, you accumulate boxes. Some contain holiday decorations you use once a year, others hold tax returns from a decade ago, and a few might even contain family heirlooms. If you don’t know what’s in those boxes or where they are, you can’t […]

What Is ATM Jackpotting, and Could It Happen to Your Bank?

person inserting card into atm

Criminals aren’t just after customer data anymore. Increasingly, they’re back to targeting the machines themselves. ATM jackpotting—a cyber-physical attack that forces an ATM to dispense all its cash—is on the rise, and community banks are squarely in the crosshairs. While many banks are familiar with digital fraud or card skimming, jackpotting represents a more sophisticated […]

How to Measure and Prioritize IT Security Risks in Financial Institutions

bank employee looking at computer for cybersecurity risk management

Cyber threats facing financial institutions have never been more dynamic—or more dangerous. Community banks, in particular, must balance growing digital operations with increasingly sophisticated threat actors. Managing that risk starts with understanding it. Cybersecurity risk management is not just about reacting to attacks. It’s about identifying the most likely and impactful threats before they materialize, […]

Important Cybersecurity Guidance for U.S. Organizations

Cybersecurity lock

In light of recent global events, the DHS has issued official guidance regarding potential cyber threats.

The Hidden Risks of Using End of Life Systems

Old, end of life computers, printers, typewriters, and keyboards on table and floor

Technology has a natural life cycle. What once was “the new and improved” eventually becomes obsolete. But here’s the problem: many businesses continue to rely on end of life systems without realizing the enormous risks they bring to day-to-day operations. While using older systems may seem cost-effective on the surface, the hidden dangers can cost […]

Case Study: Empowering the Territorial Bank of American Samoa with Strategic Financial IT Solutions

employees discussing financial it solutions

Client: Territorial Bank of American Samoa (TBAS)Industry: Public BankingLocation: Pago Pago, American Samoa The Story: Building a Bank from the Ground Up In 2016, the Territorial Bank of American Samoa (TBAS) was established to fill a critical void in the territory’s financial infrastructure. Following the departure of major banking institutions, American Samoa faced a significant […]