As a key critical infrastructure of our economy, financial services and the banking sector are among the most lucrative targets for attackers looking to gain financially from their exploits. That’s why financial institutions are always busy preparing for the next generation of cyber attacks, coping with cybersecurity threats that have grown and diversified over the years. Online banking, mobile apps and services, online trading and other digital channels all have a hand in the increase of risk posed by potential cyber threats. Today, the top 5 areas where financial institutions are at risk are web application attacks, new technologies, inadequate security, third party risks, and inside risks.

Financial institutions are constantly looking at cutting edge methods and tools to stay ahead of their adversaries, which are rapidly becoming more and more sophisticated.

In addition, regulation in the field is evolving. New York State has developed the first in the nation cybersecurity regulation (NYDFS), designed to protect consumer data and financial systems from the ever-growing threat of cyber attacks. Ohio was next to follow the DFS regulation, in November of 2018. This regulation requires banks, insurance companies and other financial services institutions regulated by the DFS to establish and maintain a cybersecurity program designed to protect consumers and ensure the safety and soundness of the financial services industry. 

Key requirements for DFS compliance include:

HolistiCyber helps financial institutions plan their defense strategy in accordance with today’s threats. Our Nation-State grade cybersecurity experts will begin by evaluating the company’s resilience posture and make necessary adjustments to its defense plan to reduce response time. We also offer incident response teams and real time detection and monitoring, as needed. In addition, we will prepare the company to deal with a mega attack using tabletop exercises and more. We offer a full set of cyber security services designed for your needs.

Our experts employ their extensive private sector and Nation-State level cybersecurity expertise to deliver a successful certification program that meets your DFS compliance regulations. In addition to the vast practical experience in cybersecurity defense, our team is well versed in many regulations and compliance standards such as NIST, ISO, PCI DSS, FFIEC and more. The team is assigned according to your company’s needs, budget and requirements, to ensure that you are covered on all relevant technical, infrastructure, application and organizational issues related to the DFS compliance program.

We are committed to making DFS compliance efforts seamless and painless by utilizing our experts to effectively engage and overcome any and all cybersecurity issues. If needed, HolistiCyber can provide expert consultants to act as a virtual CISO, oversee and enforce cybersecurity policies, and advise on the most suitable security controls for maintaining DFS compliance without the need for retaining an expensive resource.

At your service

arrow and circles diagram

Strategic and Consulting Services

Building clear strategies for effectively dealing with nation-state cyber-attacks

chess board

Security Assurance
Services

Training, tests and simulations to understand your cyber-readiness levels

diagram

Incident Response and
Monitoring

Proactively monitor, detect and respond to ever evolving cyber-threats

We use cookies to provide the services and features offered on our website, and to improve our user experience.