Safe Systems, a national provider of fully-compliant IT, compliance and security services for community banks and credit unions, has issued a new white paper: “5 Case Studies – Exploring Common Challenges Faced by The Information Security Officer,” now available for download on its website.
The role of the information security officer (ISO) has evolved into one of the more challenging positions within an institution, with more than 35 individual tasks and corresponding reports that require attention on a regular basis. Financial institutions face many challenges adequately managing the responsibilities of the ISO role due to time constraints, limited resources, and regulatory scrutiny. Safe Systems’ latest white paper explores how five institutions overcame common challenges faced by their ISO and were better positioned for success with the help of a Virtual Information Security Officer (VISO) service.
Key challenges include:
- Managing the Information Security program during a merger or acquisition;
- Ensuring separation of duties;
- Communicating effectively with IT Administrators;
- Actively addressing exam findings; and
- Identifying and training a successor for this critical role.
“The role of the ISO is no easy task and carries mission-critical responsibilities that are central to community financial institutions’ health and security,” said Darren Bridges, president of Safe Systems. “We created this white paper to highlight common challenges ISOs face today and share case studies describing how five of our financial institution customers overcame these obstacles, streamlined their information security processes and met all regulatory expectations and requirements using a VISO solution.”
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