Within our most recent software release, we have made a ton of updates and changes to our Business Continuity Solution. These enhancements have been made through a deliberate updating process, as well as feedback from our clients about what pain points they experience during business continuity plan creation.
WolfPAC Integrated Risk Management has added another association to our already long list of partner groups, by joining the Texas Bankers Association! We are very excited to be a part of the oldest and largest state banking association in the nation, and look forward to different ways we can support this partnership.
You’ve been busy on your business continuity plan ("BCP"). You know how long it will take you to get your systems back up. Your alternate site is selected and ready to spring into action should the need arise. But what about everything that comes before? Do the people in your organization know what to do prior to the disaster declaration? Are you 100% certain they would know what to do and who’s responsible for what? Are you willing to bet the organization on it? If you can’t respond with a...
The New York Department of Financial Services (NYDFS) implemented Cybersecurity Requirements for Financial Services Companies with the goal of protecting New York financial service institutions and their customers from cyber-threats. This unprecedented rule covers entities who fall under the authority of the NYDFS, including banks, insurance companies and financial service institutions with limited exemptions based on employee and asset size. Although the rules are effective on March 1st, there...
Building a culture of compliance within your institution can be difficult, but it's one of the most important things you can do to ensure your Enterprise Risk Management program is comprehensive, effective, and efficient.
Every month since December, we have hosted a webinar focused on giving our clients and prospects a ton of information about the changes happening to our Information Technology module. We have covered the common controls framework that manages how often you have to input a specific control that spans all technologies. We have showed off our contextual questionnaires that cut down the number of questions your team has to answer for each risk assessment, so they only have to fill out what's...
Every year, the American Bankers Association hosts their ABA Risk Management Conference, focused on the evolution of risk in the financial industry, and the methods used to help analyze and control them within your institution. This year promises to be no different, with over 30 strategic and practical sessions built into the three day conference to help parse through some of the biggest upcoming changes we are likely to encounter.
On March 7th at 11am PST (2pm EST), Mike Cohn, Director of the WolfPAC Solutions Group will be presenting a webinar hosted by Western Independent Bankers:
Last month, the Western Independent Bankers (WIB) hosted the first in a three part Enterprise Risk Management webinar series with Randy Marsicano presenting on the Keys to an Effective ERM program. On February 15th, Drew Coveney, CIA and Internal Audit Supervisor for Wolf & Company will be presenting the second installment:
Last week, Bharat Nair and Manny Centeio hosted a webinar about the new evolution of the WolfPAC IT Risk Assessment module. During the webinar, Manny walked through many of the administrative functions that cover every IT assessment. Part of this demonstration showed you how to utilize the robust common control framework built into the system. This means that the controls implemented across every technology are only input once, and no longer have to be entered for each individual assessment.