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Evaluating the Human Firewall
Supernal Software is proud to be featured as one of the presenters at this year’s CEO/Senior Management Mid-Year conference for the Utah Bankers Association. Tom Ezdon, CISA, will speak about his experiences being hired to socially engineer banks and how fortifying your “human firewall” is one the best investments you can make in protecting your…
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Protecting What’s Valuable
Tom, our head risk management advisor, walks around with a $100 bill in his pocket. At training sessions, he’ll set that $100 bill in front of someone and put a stack of his personal bank records next to it. Then he asks, “Which one should I be more afraid to turn my back on?” Anyone…
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Why Commercial Account Theft Is Your Problem
Two out of five businesses switch banks due to fraud. That’s a sobering takeaway from Guardian Analytics 2011 Business Banking Trust study. For the most part, financial institutions provide online protections to businesses that are similar to what they provide for consumers. However, it may only be a layered security approach when it should be…
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Continuous Risk Management
Our Compliance Department performs our annual risk assessment, now the examiners want us to incorporate our risk assessment process into our day to day operations. Why? This is a question we often are asked. If you are like a lot of institutions, the risk assessment is performed prior to each examination by one or two individuals. …
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Vendor Management Best Practices Brief
Using a third-party vendor naturally subjects an institution to risks outside its control. From a data breach to an unexpected shutdown, banks and credit unions are subject to a variety of vendor-related events that could lead to loss of revenue, loss of service or reputation damage. That’s why FFIEC standards for vendor management have become…
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Risk Assessment Best Practices Brief
An educational brief: Risk assessments are key to helping you comply with risk management and data security mandates. They help you identify and understand risks to the confidentiality, integrity and availability of your data and systems. However, many institutions still view risk assessments as tedious and time-consuming annual activities. These institutions fail to recognize that…
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Scout Risk Assessment Dashboard White Paper
Scout™ Risk Assessment Software and the IT Audit Understand the financial value of conducting a risk assessment. Learn how Scout™, Supernal’s Risk Management Dashboard, guides institutions through the risk assessment process, providing a more accurate assessment in less time than ever before. Find out how Scout is helping institutions implement the appropriate technology and risk management…
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Spreadsheets Aren’t Free
(Read the full .pdf article: Spreadsheets Aren’t Free) An educational brief: Most financial institutions rely on a patchwork of spreadsheets and documents to catalogue compliance activity. This people-driven system adds untold hidden costs to the compliance process—costs in labor, time, and lost opportunity. Sometimes you have to spend to save, and compliance is one area ripe…
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Whitepaper: Flipping the Cost to Benefit Ratio
(Read the full .pdf article: Whitepaper: Flipping the Cost to Benefit Ratio) Flipping the Cost to Benefit Ratio: Leveraging Technology for Regulatory Compliance Financial institutions are facing unprecedented scrutiny. Even a somewhat mundane compliance failure could lead to financial penalties, regulatory constraints, and reputation damage. How are financial organizations responding? By putting more staff on the…
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Board Reporting
(Read the full .pdf article: Board Reporting) Overcome Analysis Paralysis. We tend to overcomplicate reporting. Consider this your new motto: “Write to express, not to impress.” Your job is to convey to the board—in simple terms they can understand—what you’re doing about security and how it affects the organization. Eliminate any “geek speak” and focus on…
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