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BankInfoSecurity.com
The #1 Reference Tool for the Banking Information Security Community

History
BankInfoSecurity.com was created as a reference tool. BankInfoSecurity.com strongly believes that education on security issues reinforces the need for maintaining customer data confidentiality and integrity, thus improving the long term security posture of an organization. Because we understand the community banking community, BankInfoSecurity.com was able to establish a medium whose content was personalized and appropriate for the industry.

Senior Management level Bankers, IT Professionals, and Banking Personnel began to use BankInfoSecurity.com as a dynamic information portal to learn about Banking Regulations, Industry News, Events, and opinions.

Where does the demand for Information stem from?
Over the past five years, more industry regulations have been passed within the banking and financial industry than any other. Information Security Regulations have been created due to issues such as terrorism, identity theft, and Corporate Scandal.

All of these regulations are highly complex and non-compliance to these regulations can cause banks to lose business. Institutions like the FDIC, and NCUA can close a bank or credit union due to non-compliance. If a bank is not keeping up with industry best practice, customers will know it.

All banks have included large sums into their yearly budgets to accommodate these regulations as these issues have reshaped the way that Banks and financial institutions do business.

Banking Institutions are often confused by:
- "Industry Best Practice"
- What is the rest of the banking industry doing?
- What is truly necessary to comply with regulations?
- What is really necessary to secure my clientele?

Complexity of Regulation Language
- Regulations span over several departments and mediums (physical security, information security, internal and external exploits) making them increasingly hard to manage
- These regulations are constantly changing and updating to encompass new industry issues and threats

BankInfoSecurity.com Subscriber Growth
BankInfoSecurity.com has received rapid subscriber growth over the past two years due to the high demand for the conglomeration of Banking Information Security specific information.

Who are our BIS Subscribers?
Our member's demographic Information is as follows:

Current Subscriber Base:
- 53% Senior Management Level Bankers (CEO, CFO, Senior Risk, Audit, Security and Compliance Officers)
- 40% Technical Personnel within the bank (Audit, Compliance, IT)
- 5% Bankers (Branch Managers, Tellers, Loan Officers)
- 2% Other (IS support Staff, Administrators, Other)

For more demographic information, view our Media Card.



What is BankInfoSecurity.com?

Examples of Bank Information Security Regulations:
  • Sarbanes Oxley
  • GLBA
  • BSA
  • Homeland Security Act

If a bank is not keeping up with industry best practices, customers will know it:
  • A security breach due to non-compliance on an information security issue can cause the institution to be plagued by negative press. This has caused many institutions to lose or go out of business, and face litigation in the past. A positive and proactive reputation in this arena is paramount.
  • Banking clients want their institutions to protect their hard earned money in every way possible.






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