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Articles published weekly by IT security and compliance professionals with decades of experience

  

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Articles published weekly by IT security and compliance professionals with decades of experience

  

Subscribe to our blog

Articles published weekly by IT security and compliance professionals with decades of experience

Financial Industry

Financial Services Industry

Financial Services Industry

Financial institutions and insurance companies are constantly under attack by cybercriminals and thieves around the world. As a result, these organizations must put information security at the top of their priorities to mitigate their risk of an attack. While these organizations are heavily regulated and have advanced security measures in place, cybercriminals are upping the ante in their methods of attack:

  • Financial Institutions face attacks from Hacktivist Organizations, Nation States, and Insiders
  • According to the Ponemon Institute, the average cost per record of a data breach is $264
  • The average total cost of a data breach is $7.01M
  • Compass IT Compliance is listed in the FINRA Compliance Vendor Directory

The good news is that Compass IT Compliance employs a team of experienced and certified IT Auditors and Security Professionals, most with a background in Financial Services, to help your organization through a suite of solutions:

Solutions

IT Risk Assessment Services

Compass will assist your organization in identifying your risks related to people, process, and technology and make recommendations on how you can mitigate your risk through improving controls, both physical and logical, within your organization

IT Policy Templates

Policies and Procedures are challenging and time consuming, yet essential for a Financial Institution. With a number of IT Policy and Procedure development programs to fit your needs, Compass can take on the burden of ensuring you have the policies and procedures you need

Outsourced IT Audits

Compass works with your internal auditors to develop a custom audit plan based on the risks your organization faces. Compass audits are mapped to the FFIEC IT Handbooks relevent to your financial institution

Vulnerability Assessment Services

Identify technical vulnerabilities in computers and networks, as well as weaknesses in policies and practices related to the operation of these systems

 

Compass IT Compliance is listed in the FINRA Compliance Vendor Directory.