About Us | Contact Us
View Cart

Top 20 Tactics for 2014

By Dan Hadaway | Monday, December 23, 2013 - Leave a Comment

2014 Tactics for Small Banks


Each year I make a list of what we see small banks considering when they strategize for the upcoming year.   The following is a list of twenty such tactics:

  1. Continue with Customer Education Rollout
  2. Consumer Capture (or mobile remote capture or whatever your vendor calls it)
  3. Finish Multi-factor Authentication, Move it to the Transaction
  4. IRP Scenario Testing:  DDoS and CATO
  5. Anomaly Detection on ACH and Wire Transfer Transactions
  6. Investigate Enterprise Risk Management Applications
  7. Vendor Management Applications
  8. Respond to New Guidances:  Social Media Guidance, Third Party Management Guidance, rumors of guidance on portable device security.
  9. Addressing Windows Upgrade Issues:  XP Retirement, what to do about Windows 8?
  10. Debit card fraud protection
  11. Update Branchless Banking Strategy
  12. EVM Planning and Preparation / ATM Upgrades for EVM Chip
  13. Increased demand for benchmarking
  14. Board portals, byod, portable device strategies
  15. Personal Financial Management
  16. Bank2Bank Payments
  17. Monitor BYOD and Portable Device Strategies
  18. Monitor Cloud Computing
  19. Finish Network Monitoring Layers:  ELM, DLP, Endpoint Security, NAC
  20. Continue researching Digital Discovery and E-Retention, to be ready to create a position when necessary.


 


Dan Hadaway CRISC, CISA, CISM
Founder and Managing Partner, Infotex

“Dan’s New Leaf” is a “fun blog to inspire thought in the area of IT Governance.”

Latest News
    Our Lead Non-Technical Auditor takes a look at the new AIO Guidance… Architecture, Infrastructure, and Operations (AIO) is the latest booklet released by the Federal Financial Institutions Examination Council (FFIEC) in their line of  IT Examination Handbooks. It is an update to their 2004 Operations booklet and, as the name implies, expands into the areas […]
    Another awareness poster for YOUR customers (and users).  Now that we have our own employees aware, maybe it’s time to start posting content for our customers! Download the large versions here: Awareness Poster (Portrait) Awareness Poster (Landscape)   You are welcome to print out and distribute this around your office. Interested in one of ours […]
    Many organizations still fail to consider the unique risks posed by cloud computing… An article review. Last month thousands of Western Digital MyCloud device owners learned about the risks of cloud-based solutions the hard way: their data had been wiped remotely due to a flaw in the internet-facing component of their external hard drives. While […]
    infotex does not use Kaseya… We are protecting our Clients! Another blog post meant to inspire thought about IT Governance . . . . To all infotex managed security service Clients: As you may be aware there was a large ransomware attack recently that leveraged a remote management tool called Kaseya that is used by many […]
    While we’re not a news service, we often use current events to comment on trends and our services. This blog is intended to get people thinking about topics and trends in Technology Risk Management, through our article reviews, as well as through original blog articles about current events and our MSSP services (such as our […]
    PRESS RELEASE – FOR IMMEDIATE RELEASE BUSINESS NEWS Dan Hadaway and Sara Fultz co-wrote an article in the Spring 2021 issue of the Ohio Record, the Official Magazine of the Ohio Bankers League.  Find out on page 20 and 21 of the magazine how tabletop testing strengthens bank cybersecurity. You can read the article here! […]
    You’ve heard it from every MSSP you’ve met: the definition of a SIEM is in the eye of the beholder. But at infotex, we are not talking about the database – an asset whose definition is continuously evolving. We’re talking about the way three teams collaborate in an overall Technology Risk Monitoring process. And whether […]
    After the large number of high-profile breaches in the recent months, it is easy to become disconcerted about how to prevent such things from happening to your Bank. The answer to preventing a breach is a very complex one. infotex will explore this with you! The heightened level of awareness and extra protective tendencies that […]
    A follow-up on Dan’s 2008 Password Manifesto On the NIST Publication on Digital Identity Guidelines Another one of those Dan’s New Leaf Posts, meant to inspire thought about IT Governance . . . . In June 2017, NIST released a special publication on digital identity, NIST SP 800-63, that is starting to get the attention […]
    Another awareness poster for YOUR customers (and users).  Now that we have our own employees aware, maybe it’s time to start posting content for our customers! Download the large versions here: Awareness Poster (Portrait) Awareness Poster (Landscape)   You are welcome to print out and distribute this around your office. Interested in one of ours […]