Managing Technology and Innovation Risk
Our Approach to Change
Managing technology and innovation risk means being effective in change management. Technology implementations should always focus on changing the way we work in a positive way. The reward is fully realized when we find new ways to deliver our products and services to our customers. Full transformation occurs when we leverage technology beyond just a tool.
Learn more about our approach to Cybersecurity transformation by clicking the button below:
Interested in building a control framework that aligns to SOC2, ISO27001, CIS, NIST, and FFIEC? Click on the Control Inventory button below:
Our vCISO Value Proposition
Small and medium-sized banks face the same regulatory and cyber threats as larger institutions but often lack the staffing, budget, and senior leadership to keep pace.
The Virtual Chief Information Security Officer (vCISO) serves as the strategic and operational cybersecurity leader for a community bank that sponsors and supports multiple fintech partners through a Banking-as-a-Service (BaaS) model. The vCISO is responsible for ensuring the bank’s information security program, third-party risk oversight, API security governance, and incident response capabilities meet FFIEC, GLBA, and interagency third-party risk management expectations.
For a community bank preparing to sponsor fintech partners, the initial assessment for a bespoke vCISO program should be more than a standard cybersecurity review. It must evaluate the bank’s ability to safely operate a BaaS ecosystem, including governance, API exposure, third-party risk, and shared control accountability.
Four key questions to discuss with your executive team:
Is the bank operationally and regulatorily ready for fintech partnerships?
What cybersecurity and control gaps exist relative to FFIEC expectations?
What ongoing vCISO operating model is needed to safely manage those risks?
Is there both internal and external support to drive the success of the vCISO program?
Select the “vCISO Brochure” button below to learn more.
Select the “Learn More” button to schedule a conversation with one of our CISO experts.