Unified Banking Cybersecurity Assessment
Streamlined Compliance, Enhanced Security
In today’s complex regulatory landscape, banks face numerous annual cybersecurity assessment requirements. Our Unified Cyber Security Banking and Financial Services Assessment, CyberComply+, offers a comprehensive solution that simplifies compliance while strengthening your security posture.
One Assessment, Multiple Reports
Our innovative CyberComply + process consolidates various regulatory requirements into a single, thorough review:
GLBA 501(b) Risk Assessment/ FTC Safeguards
SWIFT CSP
Fedline (Advantage, Web, Command, Direct)
CRI Profile
FFIEC CAT (sunsetting in August 2025)
Cybersecurity Risk Assessment (NIST CSF 2.0)
Our innovative CyberComply + process consolidates various regulatory requirements into a single, thorough review:
Electronic Banking
Comprehensive or product specific such as ATM Risk Assessment, ACH, Online Account Opening Risk Assessment, Online Banking Risk Assessment etc.
Product Risk Assessments
Examples include payment services, fintech products, new digital channels.
Penetration Testing and Vulnerability Assessments
Network, Web/API, Wireless, Physical, Social Engineering.
Other Assessments
SOC 2, PCI, FDICIA, SOX
Key Benefits of a Unified Compliance Framework:
Eliminate Audit Burnout
- Reduce stakeholder fatigue by consolidating multiple assessments into one comprehensive review
- Minimize disruptions to daily operations
Maximize Efficiency
- Leverage overlapping controls across different frameworks
- Save time and resources by addressing multiple requirements simultaneously
Comprehensive Coverage
- Ensure all regulatory requirements are met with detailed, customized reports
- Gain a holistic view of your cybersecurity posture
Regulatory Alignment
- Meet and exceed regulator expectations with thorough, framework-specific reporting
- Stay ahead of evolving compliance requirements
We work with your team to assess existing compliance practices, identifying gaps and opportunities for improvement. Our scoping process focuses on:
Regulatory obligations specific to your institution’s operations.
Integration of overlapping requirements for streamlined compliance.
Identifying high-priority risks for immediate remediation.
Partnering with stakeholders to understand environments and processes.
We provide an optional approach to identify and thoroughly understand your organization’s risks. Risk analysis forms a basis for understanding the inherent areas of improvement with the scope of assessment.
Mapping of threats to applicable organizational or department specific risks
Identification of proactive measures to mitigate identified risks.
Support in development of a risk management strategy (e.g., methodology).
We evaluate your institution’s current control environment against regulatory standards, ensuring:
Comprehensive mapping of controls to applicable regulations.
Sufficient evidence collection for coverage of controls and their accepted interpretations.
Duplicate review based on the unified mapping across frameworks (i.e., collect once and assess across many).
Our integrated tools and services simplify compliance audits and reporting:
Centralized documentation for tracking compliance progress.
Seamless preparation for regulatory assessments.
Clear documentation of control testing and remediation activities.
Support during an external audit.
We can utilize a compliance platform (optional usage) to unify reporting, monitoring, and auditing, providing:
Centralized control testing and evidence collection.
Potential for near-real time alerts for non-compliance or emerging risks.
Streamlined workflows for audit submission.
Compliance is not a one-time achievement; it’s an ongoing process. We establish continuous monitoring systems and provide:
Regular updates on regulatory changes and their implications.
Actionable recommendations to improve compliance practices.
Ongoing training to foster a culture of compliance.
We work with your team to assess existing compliance practices, identifying gaps and opportunities for improvement. Our scoping process focuses on:
Regulatory obligations specific to your institution’s operations.
Integration of overlapping requirements for streamlined compliance.
Identifying high-priority risks for immediate remediation.
Partnering with stakeholders to understand environments and processes.
We provide an optional approach to identify and thoroughly understand your organization’s risks. Risk analysis forms a basis for understanding the inherent areas of improvement with the scope of assessment.
Mapping of threats to applicable organizational or department specific risks
Identification of proactive measures to mitigate identified risks.
Support in development of a risk management strategy (e.g., methodology).
We evaluate your institution’s current control environment against regulatory standards, ensuring:
Comprehensive mapping of controls to applicable regulations.
Sufficient evidence collection for coverage of controls and their accepted interpretations.
Duplicate review based on the unified mapping across frameworks (i.e., collect once and assess across many).
Our integrated tools and services simplify compliance audits and reporting:
Centralized documentation for tracking compliance progress.
Seamless preparation for regulatory assessments.
Clear documentation of control testing and remediation activities.
Support during an external audit.
We can utilize a compliance platform (optional usage) to unify reporting, monitoring, and auditing, providing:
Centralized control testing and evidence collection.
Potential for near-real time alerts for non-compliance or emerging risks.
Streamlined workflows for audit submission.
Compliance is not a one-time achievement; it’s an ongoing process. We establish continuous monitoring systems and provide:
Regular updates on regulatory changes and their implications.
Actionable recommendations to improve compliance practices.
Ongoing training to foster a culture of compliance.
Why Choose Us?
At the forefront of banking compliance, we understand the challenges institutions face and provide innovative, tailored solutions to meet their unique needs.
Deep Industry Expertise
Our team of cybersecurity specialists understands the nuances of each regulatory framework and are authorized where applicable as certified assessors (e.g. SWIFT).
Customized Solutions
Reduce the overall time and resources spent on multiple assessments throughout the year .
Advanced Technology
Identify and address vulnerabilities across your entire infrastructure with a comprehensive review .
End-to-End Support
Receive a consolidated action plan that addresses findings across all frameworks .
Proactive Risk Management
Our approach allows for year-over-year comparisons, helping you track progress and enhance your security strategy .
Take Control of Your Cybersecurity Compliance
Don’t let multiple assessments drain your resources and overwhelm your team. Our Unified Assessment approach offers a smarter way to manage your cybersecurity compliance requirements while strengthening your overall security posture.