GLBA, HIPAA, Sarbanes Oxley (SOX), and Identity Theft Red Flags Rule
GLBA, HIPAA, Sarbanes Oxley (SOX), and Identity Theft Red Flags Rule, are among the hottest regulatory compliance topics in today’s business environment. Next Step has the resources to help your business ensure they are compliant.
The best step is Next Step when you want to prepare or work with your banking regulators. Whether it is the FDIC, OTS, OCC or the Fed... our banking compliance professionals will guide you through the storm of existing and new regulations.
Risk Management
Risk management is the process of identifying, measuring, monitoring, and managing risk. Risk exists whether your institution maintains information and technology services internally or elects to outsource them. Regardless of which alternative they choose, management is responsible for managing risk in all outsourcing relationships. Accordingly, institutions should establish and maintain an effective risk management process for initiating and overseeing all outsourced operations.
Network Security Policy
A comprehensive network security policy including routine vulnerability assessments is essential. Due to the increasing sophistication of intruder methods and the vulnerabilities present in many applications, it is imperative to regularly assess network security. A variety of vulnerability identification tools are available. Next Step Technology uses Qualys, an established tool to address this task.
Internal Audit Services
In high risk times, having the right partner is essential. Next Step Technology Internal Audit Services can assist you with all aspect of internal audit and regulatory compliance. The increased global emphasis on governance, risk and compliance has forced most organizations to strengthen their control environments. Does your organization have the resources and skills necessary to achieve its audit plan objectives?