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Is Your Financial Institution BCM Compliant?
It’s been a few years since the FFIEC updated its BCM IT Examination Handbook and expanded its focus from “business continuity planning (BCP)” to “business continuity management (BCM).” While most financial institutions should already be aware of the updates to the handbook, it’s always beneficial for banks and credit unions to refresh their plan to […]
After the Disaster: Real Community Banking Recovery Stories
Even the best-laid plans can go awry—especially after a disaster. Our real-life stories from actual community financial institutions underscore the importance of having an effective disaster recovery (DR) process in place. It’s obvious that a disaster can strike anywhere and anytime. What’s less obvious is that a natural disaster doesn’t have to happen for a […]
The 4 “Rs” of Disaster Recovery
Organizations can be impacted by a natural or manmade disaster at any time. Having an effective approach to disaster recovery (DR) can help banks and credit unions meet their regulatory obligations, better protect themselves from the impact of a significant negative event and enhance their ability to bounce back and continue operating in the aftermath […]
Why a Comprehensive Disaster Recovery Service is Critical to Any Financial Institution’s BCM
As part of business continuity management (BCM), banks and credit unions must ensure they can maintain and recover their operations after a catastrophic event happens. Their BCM strategy should outline all the significant actions they intend to take after a natural disaster, technological failure, human error, terrorism, or cyber attack. The goal is to lessen […]
Latest Microsoft Updates Show Importance of Patch Testing
In early March 2021, Microsoft published some cumulative updates for different versions of Windows 10, including KB5000802. Unfortunately, the new updates and patches caused a variety of problems, including workstation crashes when printing, problems opening emails in Outlook, and some vendor products, such as Fiserv’s Navigator, not displaying correctly. As a result, many people could […]
Proven Security Solutions to Keep Your Financial Institution Safe from Cybersecurity Threats
Like many other professional industries, the financial sector of business was forced to work from home due to the COVID-19 pandemic. With an unprecedented number of employees still working remotely, now more than ever financial institutions are susceptible to a cyberattack. The increased threat of a security compromise has prompted financial institutions and other organizations […]
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