Coalfire offers a suite of IT security services designed to meet the risk management needs of the financial services industry. We provide guidance for a balanced, justified information security program that keeps management up to date with risk and threat landscapes essential to maintaining regulatory compliance. Our experience training federal regulators such as the NCUA, FDIC, OTS, and OCC allows us to provide thorough, cost-effective solutions to even complex IT risk management requirements specific to financial services.

Coalfire services adapted to the financial sector include:

Coalfire has completed over 1,000 assessments or audits for the financial services sector and provides proven methodologies and streamlined portal based processes to cost effectively meet the needs of our clients.

While meeting the demanding service and convenience expectations of customers and businesses, banking institutions must comply with multiple state and federal regulations on information security and data management. Coalfire offers a suite of security services designed to meet the regulatory needs of the banking industry. We provide guidance for a balanced, justified information security program that keeps executive management up to date with risk and threat landscapes essential to maintaining compliance.

For small to medium sized banks and credit unions, Coalfire has packaged audit services to meet regulatory requirements at a low cost. Download our Rapid GLBA data sheet.

Focused audit services include:

• E-Banking Reviews
• Fedline Reviews
• Vulnerability Scanning

Credit Unions foster a special relationship with their members based on trust, confidence and personalized customer service. Coalfire’s IT risk management program support this approach with services tailored to the unique characteristics of credit unions. Coalfire methodology incorporates the NCUA’s AIRES examination framework to help credit unions manage risk, prepare for audits and meet compliance requirements cost-effectively. Our services have been reviewed and accepted by the NCUA and state-level examiners nationwide. These services are scalable to meet the needs of small to large credit union organizations.

Sensitive information vital to insurance companies places these firms at risk of data compromise and potential sanctions under state and federal privacy laws. In 2006, the National Association of Insurance Commissioners adopted Sarbanes-Oxley Act enhancements to Model Audit Rule, requiring adequate controls over financial reporting validated in certain cases by an independent party. Coalfire has the methodologies, tools and partner associations to provide a range of IT risk management services adapted to the needs of the insurance industry. Our security assessment services have been validated by insurance, reinsurance, and managed care industries throughout the U.S. By identifying gaps in IT control programs, Coalfire provides tailored guidance to help these companies establish and maintain effective IT risk management programs that meet their requirements for efficient operations and compliance to data security regulations.

Data management provides investment and brokerage organizations with valuable service opportunities as well as regulatory requirements and risk. Validated by investment and brokerage firms of all sizes throughout the U.S., Coalfire’s security and risk management planning services are founded on the existing and emerging compliance requirements all financial service organizations must address. By evaluating security requirements within your unique operating environment, we guide you through the effective development of security programs and risk management plans designed to achieve compliance and prevent the risk of loss.

For more information on Coalfire's financial industry services, please contact: