VISTA InfoSec

NOVEMBER 4, 2024

The DORA compliance checklist The DORA compliance checklist is a thorough and proactive approach designed to make compliance easier to adopt for financial organizations and ICT third-party service providers. It helps the organization systematically address potential vulnerabilities and enhance cyber resilience.

Compliance 130

Compliance Third-Party Service Provider Risk Management Audit 130

VISTA InfoSec

NOVEMBER 4, 2024

The DORA compliance checklist The DORA compliance checklist is a thorough and proactive approach designed to make compliance easier to adopt for financial organizations and ICT third-party service providers. It helps the organization systematically address potential vulnerabilities and enhance cyber resilience.

Compliance 130

Compliance Third-Party Service Provider Risk Management Audit 130

Global Fintech & Digital Assets

DECEMBER 11, 2023

Covered financial institutions now face heightened expectations in relation to cybersecurity governance, risk assessment, and incident reporting. Key Amendments “Class A” Companies The Amendments create a new category of covered entities — deemed “Class A” companies — with heightened cybersecurity obligations.

Cybersecurity 59

Cybersecurity Multifactor Authentication Risk Assessment MFA 59

VISTA InfoSec

OCTOBER 7, 2024

The financial entities operating within the EU, as well as third-party service providers outside the EU that engage with financial institutions located within the EU, are required to comply with DORA by 17 January 2025. This is where VISTA InfoSecs expert consulting and audit service comes into play.

Compliance 130

Compliance Third-Party Service Provider Risk Assessment Audit 130

PYMNTS

AUGUST 28, 2017

As the Sinatra tune goes (a bit paraphrased) … New York: If you can make it there in cybersecurity, you can make it anywhere. The financial services industry is girding for the new regulations by the New York State Department of Financial Services (DFS), which take effect as of Aug. 28, which is, of course, today.

Cybersecurity 57

Cybersecurity Money Laundering Digital Currency Online and Mobile Banking 57

PYMNTS

OCTOBER 2, 2017

Bank customers and regulators would likely agree: There’s no excuse for a financial institution to accept lackluster cybersecurity measures. But according to a new report from BitSight, that’s exactly what’s happening as FIs work with partners and other third-party service providers.

Cybersecurity 51

Cybersecurity Risk Compromise Risk Management 51

PYMNTS

JANUARY 14, 2020

Payments and financial service providers are facing an even greater challenge in balancing these two capabilities in the age of open banking and cloud migrations, with more opportunities than ever before for sensitive company and customer data to be compromised. Greater Security Without Compromising UX.

Security 101

Security PCI DSS Compromise Service Provider 101

PYMNTS

JULY 1, 2020

The new processes include the use of video conferencing services and other remote telecommunication technologies that the OCC said can increase cybersecurity vulnerabilities. Additional steps may be necessary to properly segment and secure bank networks if employees use personal devices to connect to bank systems,” the OCC wrote.

OCC 66

OCC Compliance Risk Office of the Comptroller of the Currency 66

Innovative Payments Association

JULY 25, 2024

With the rise of cybersecurity threats and data breaches, compliance regulations play a vital role in building trust between consumers, financial institutions, and third-party service providers.

Boot Camp 52

Boot Camp Compliance Innovation Third-Party Service Provider 52

PYMNTS

JULY 26, 2017

As cyberattackers deploy more aggressive tactics, corporate banking firms have to respond with heightened cybersecurity measures to ensure confidence in the nation’s financial system, the OCC warned. Over time, consolidation among service providers has resulted in large numbers of banks reliant on a small number of service providers.”.

OCC 46

OCC Office of the Comptroller of the Currency Money Laundering Non-Bank 46

Stax

AUGUST 22, 2024

Cyberattacks, human errors, third-party service provider failures, and system disruptions all come under operations risk. Investment in advanced cybersecurity solutions and regular assessments of these solutions are also highly recommended.

Risk Management 88

Risk Management Risk Regulatory Compliance Due Diligence 88

Fintech News

APRIL 21, 2025

The Monetary Authority of Singapore (MAS) has reiterated that financial institutions must ensure stringent cybersecurity measures are in place across their third-party vendors, following concerns about vendors becoming potential weak points.

Cybersecurity 117

Cybersecurity Third Party Vendors Third-Party Service Provider Ransomware 117