Training

3rd Party Risk Management

Evaluating Security Risks Associated with Banking Vendors

Evaluating Security Risks Associated with Banking Vendors
Regulatory change is coming - fueled by the ever present news of breaches within the credit card payment networks degrading the faith in today's financial institutions. A new approach is needed to secure, make compliance easier, and enhance the operating efficiency for critical financial datacenters and those processing sensitive cardholder information or personally identifiable information (PII).

Attend this webinar to learn to:

  • Facilitate PCI compliance and go beyond to provide demonstrable security for critical financial datacenters

  • Decrease the burden of proof and yet provide the verification of operational controls in a new way that will increase confidence for vendor management due diligence

  • Reduce your risk and secure your infrastructure against emerging threats to ensure that only authorized changes are allowed

Background

Regulatory change is coming - fueled by the ever present news of breaches within the credit card payment networks degrading the faith in today's financial institutions. PCI-DSS is a step in the right direction toward thwarting 'smash and grab' attacks but is weak against zero day attacks and low 'n slow attacks that are designed to persist under the radar of common controls. A new approach is needed to secure, make compliance easier, and enhance the operating efficiency for critical financial datacenters and those processing sensitive cardholder information or personally identifiable information (PII).

As the industry continues to outsource to vendors and rely on multiple parties, those who evaluate risk need better visibility and reporting of the operational controls of these contracted entities as mandated by the regulations and standards of FFIEC and PCI-DSS. Due diligence today encompasses stronger contracts, data center visits and keeping up to date on vendor performance. How does a Vendor keep up with these requests and provide demonstrable measures of how they secure not only IT infrastructure but applications and critical data? How can vendor management be easier for Enterprises beyond submitting lengthy assessments that they can only trust reflect the true operations of the vendor? Being able to provide protection from device to datacenter systems provides the deep visibility, control enforcement, and system integrity needed to go beyond today's standards and be prepared for addressing future regulation changes.

In this webinar, hear about how:

  • SecureNet Payment Systems, a leader in supplying cutting-edge payment processing technologies, plans to demonstrate and verify operational controls to ease the due diligence process of vendor management requests and compliance with Solidcore.

  • MTXEPS, leader in electronic payments software and solutions, provides end-to-end protection of card holder data going above and beyond today's Data Security Standards (PCI-DSS) from device to datacenter through branded Connected Payments for Retalix retail solutions secured with S3 Control from Solidcore Systems.

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