Where are your network’s vulnerabilities? And what would happen if your customers’ data were stolen? These are just a few of the questions that might keep you up at night, wondering if your bank’s network is secure or if a data security incident is imminent.
With a cybersecurity risk assessment from ImageQuest, you can be certain that all security gaps have been identified. We want you to rest in knowing that you’ll never have to say “No” to a question from an auditor, no matter if they’re a federal or state regulator. Let’s get started today.
Risk is inevitable, and when you’re running a business, it comes in all forms. You cannot eliminate risk (particularly if you want to grow); however, you can evaluate threats so you’re better prepared to protect what needs protecting.
How will you know what your organization’s risks are? You can partner with ImageQuest and our collection of tools to make sure you’re seeing your entire risk landscape. We’ll help you select a framework for your cybersecurity risk assessment—one that will also serve you in developing and executing your company’s security control framework.
Whether you’re aware of risks to your network and data or not, you may find yourself wondering if a cyber security assessment is a necessity. Here are some of the reasons your bank, financial institution, or law firm may need to complete one:
It’s required by one or more regulatory agencies.
It kickstarts and supports good cybersecurity hygiene.
Clients will want to know that their data is secure.
And let’s not forget that after a cybersecurity risk assessment, your executive leadership will have a solid understanding of your organization’s risk profile—
which is the ideal place to be for growth and improvement.
CATs, or Cybersecurity Assessment Tools, are one type of tool used by the security professionals at ImageQuest. They contain lists of questions that are based on controls.
We use CATs to do the following:
If you’re thinking, “I can’t possibly do this on my own,” or “I have no idea how to initiate a cyber security maturity assessment,” we understand. That’s why at ImageQuest we have professionals who are skilled in implementing these cyber assessments—because we think you deserve to have practical steps in place that make sense and that work.
Contact us today to see if your bank is ready to stand up to cybercriminals.
When you schedule a cyber security vulnerability assessment for your bank, financial services firm, legal office, or other business that stores sensitive data, you’re taking action to protect the data of those who trust you. Skipping this crucial step could lead to the loss of that trust—and irreversible damage to your reputation.
Let’s look more specifically at the benefits of risk assessments:
When you have a structured and consistent cyber threat assessment that’s the same across your entire industry, you can be sure that biases play no part in security evaluations.
We’ll help your bank comply with relevant cybersecurity regulations issued by bodies like the FFIEC.
You’ll have insightful data and actionable recommendations so you can make informed decisions about resource allocation and cybersecurity investments.
Thanks to a common framework, your personnel will be able to communicate effectively about cybersecurity risks and priorities.
In short, the big benefit of risk assessments in cybersecurity is Peace of Mind. You’ll know that your IT provider is looking objectively at your processes, making sure you can answer “Yes” to all compliance questions, that you’re making sound security decisions, and that your communications will be clear.
How much more time could you spend focusing on banking if you didn’t have to worry about data security? Let’s find out today with a consultation.
Even if you’ve already decided that you want to focus solely on banking and leave cybersecurity entirely to the IT specialists, you might still wonder about the NIST framework you keep hearing about. What is it? Who uses it? Is it necessary?
These are all great questions and ones we’ll answer here.
NIST is the National Institute of Standards and Technology, and it aids businesses in reducing cybersecurity risks so they can more effectively protect their data and networks.
The NIST framework contains guidelines adopted by many organizations, including banks, for managing cybersecurity risks. There are a number of specific frameworks included under the NIST umbrella, including NIST-CSF, NIST 800-53, NIST 800-171, NERC CIP, ISO 27000, HIPAA HITECH, COBIT, and CIS.
No. Following NIST’s cybersecurity guidelines is voluntary; however, we do recommend doing so because its strategies have proven effective in fighting cybercrime.
The NIST framework consists of five main areas. They are:
The best place to start is with an information security risk assessment, in which we will evaluate security controls, identify threats and vulnerabilities, and use that information to prioritize risks, recommend targeted actions, and provide other valuable insights into the security of the data your bank is storing—all in an effort to minimize or eliminate cybersecurity incidents.
Vulnerability assessments in cyber security are valuable assets in the fight against cybercrime; however, we never recommend relying on them alone for data security. They should be combined with pen testing, vulnerability management, operational risk assessments, security awareness training, and other applicable modules.
Let’s talk about what’s necessary for your bank’s data security. The ImageQuest team is ready to hear from you.