BBH Blog The latest news surrounding Managed Services, IT Solutions, and resources.
- MSP Cost Analysis for Banking Security and Compliance by firstname.lastname@example.org (John Allegro) on March 15, 2021
Regional banks and other financial institutions rely heavily on the use of technology to conduct their day-to-day operations. Modern-day consumers want modern-day banking solutions, and this need to conform to consumer needs has shifted the internal IT infrastructure of many financial institutions worldwide. Cloud-based storage, mobile applications, and online banking have increased the IT footprint of financial establishments, and increased focus on compliance, security, and efficient risk management have come to light over the last decade.
- Why Your MSP Should Have a SOC 2 Certification by email@example.com (John Allegro) on February 16, 2021
Financial institutions have complex requirements when it comes to compliance and security. This complexity is the reason many financial institutions work with managed service providers (MSPs). Most MSPs offer a high level of expertise and focus, but not all of them have SOC 2 certification. Let’s take a look at why your MSP should be SOC 2 certified.
- Why Regional Bank Compliance Requires SOC 2 Vendor Management by firstname.lastname@example.org (John Allegro) on January 19, 2021
As technological advances break their way into financial institutions, a need for enhanced security protocols has surfaced. Businesses and clients alike need a way to verify that the information they collect and provide is being stored and accessed securely to prevent data breaches like the ones that took place at Capital One, Equifax and First American Financial.