Written risk assessments and policies are required for various activities in your bank. The BancPolicy service group provides you with a customized solution for your risk assessment and policy needs in the following areas.
Regulators want you to have a written risk assessment identifying the technology risks and risk mitigation tools you have in your institution. We gather information about your bank and interview your staff to develop a comprehensive risk assessment and create customized policies for your bank’s needs. Policies address your firewall, employee acceptable use, vendor management, remote access, and numerous other issues.
GLBA regulations require banks to assess their information technology risks and have policies addressing the safeguarding of customer information. We help you assess your bank’s risks and safeguards, and create a customized policy, which addresses the security of customer data and includes specific information on what the bank’s response will be in the event of a breach that results in the release of confidential customer information.
The FFIEC recently revised its Business Continuity Plan (BCP) exam manual. Today, banks are required to have a Business Continuity Risk Assessment, Impact Analysis, and Plan to meet regulatory guidance.
The BancPolicy service group reviews your bank’s specific situation and creates the risk assessment, impact analysis, and BCP through a series of questionnaires and interviews, providing your bank with policies that are specific to your needs.
Regulations concerning the Red Flag rule require reasonable policies and procedures regarding the following:
We help banks identify their risks and create appropriate policies to address the risks identified.
Call 405-702-1425 or email us for more information.