White Paper: Risk Assessments - The Key to Continuous Compliance

Most financial institutions lack internal resources or the technical expertise necessary to identify all of the risks to information security, making a correct evaluation of risk extremely difficult if not impossible. Therefore, without knowing where threats exist, or their potential severity, within their information systems, a financial institution is ill prepared to combat a threat, mitigate the costs of a breach or even face a federal or state examiner’s prying eyes.

This white paper explains the value of having qualified experts properly identify and evaluate information risk through a comprehensive risk assessment. It also shows how developing a continuous risk management program, thus “continuous compliance”, can benefit the entire organization in a cost-effective manner.

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