OUR SOLUTIONS
Financial Institution
GLBA (Gramm-Leach-Bliley Act) Compliance
Goal:
To achieve GLBA (Gramm-Leach-Bliley Act) compliance for a start-up financial company, a comprehensive Information Security (InfoSec) strategy was implemented.
​
Risk Assessment:
Conducted a thorough risk assessment to identify potential threats and vulnerabilities in the company’s information systems. This involved evaluating both internal and external risks to the confidentiality, integrity, and availability of sensitive financial data.
​
Data Protection Policies:
Developed and implemented robust data protection policies. This included protocols for data encryption, secure data storage, and safe data transmission to protect nonpublic personal information (NPI) as required by GLBA.
Access Controls:
Established stringent access controls and authentication mechanisms to ensure that only authorized personnel could access sensitive financial information. This involved setting up role-based access controls and implementing multi-factor authentication.
Employee Training:
Provided comprehensive security training for employees to raise awareness about data protection practices, phishing attacks, and safe handling of customer information. Regular training sessions and updates were scheduled to keep employees informed about the latest security threats and best practices.
Incident Response Plan:
Developed an incident response plan to address and mitigate the impact of any potential data breaches or security incidents. This plan included procedures for detecting, responding to, and recovering from security incidents, as well as communication protocols for informing affected parties.
Vendor Management:
Reviewed and updated agreements with third-party vendors to ensure they comply with GLBA standards. This included assessing vendor security practices and ensuring that they meet the company's data protection requirements.
Regular Audits and Monitoring:
Implemented continuous monitoring and regular audits of information systems to detect any anomalies or compliance issues. This included setting up intrusion detection systems and performing periodic security reviews.
Documentation and Reporting:
Created detailed documentation of all InfoSec practices and GLBA compliance measures. This documentation included policies, procedures, and audit trails to demonstrate adherence to regulatory requirements during external audits or inspections.
​
Result:
By addressing these areas, the start-up financial company was able to establish a solid foundation for GLBA compliance, ensuring that its information security practices meet regulatory standards and effectively protect customer data.
Mortgage Industry
SOC 2 Type 2 Readiness
Goal:
To prepare a mortgage enterprise loan quality and audit services company for SOC 2 Type 2 readiness, a comprehensive suite of InfoSec controls was implemented.
​
Control Framework Alignment:
Aligned the company's information security controls with SOC 2 Trust Service Criteria, specifically focusing on Security, Availability, Processing Integrity, Confidentiality, and Privacy. This alignment ensured that the controls met the necessary standards for SOC 2 Type 2 compliance.
Risk Assessment and Management: Conducted a detailed risk assessment to identify potential vulnerabilities and threats to the company’s systems and data. Implemented risk management practices to address and mitigate these risks effectively.
Access Controls:
Established robust access control mechanisms, including role-based access controls (RBAC) and multi-factor authentication (MFA), to ensure that only authorized personnel had access to sensitive systems and data.
Data Protection Measures:
Implemented comprehensive data protection measures, including data encryption at rest and in transit, to safeguard sensitive information. Ensured that data handling procedures met the confidentiality and integrity requirements of SOC 2.
System Monitoring and Incident Management:
Set up continuous system monitoring and logging to detect and respond to potential security incidents. Developed an incident response plan to manage and mitigate the impact of security breaches or operational disruptions.
Vendor Management:
Reviewed and assessed third-party vendors for compliance with SOC 2 requirements. This included evaluating their security practices and ensuring that they met the necessary standards for protecting data and maintaining service levels.
Employee Training and Awareness:
Conducted regular training sessions for employees on security best practices, data protection policies, and compliance requirements. This training aimed to ensure that staff were aware of their responsibilities and the importance of maintaining security standards.
Documentation and Evidence Collection:
Created and maintained comprehensive documentation of all security policies, procedures, and controls. Prepared evidence of compliance for review by auditors, including detailed records of control implementation and monitoring activities.
Audit Preparation and Internal Reviews:
Performed internal audits and gap analyses to assess readiness for the SOC 2 Type 2 audit. Addressed any identified issues or weaknesses to ensure that all controls were operating effectively and in alignment with SOC 2 criteria.
Result:
By implementing these controls and preparing thorough documentation, the company positioned itself for a successful SOC 2 Type 2 audit, demonstrating its commitment to maintaining high standards of security and data protection.