Did you know that regulatory non-compliance can cost banks millions in penalties each year? Cybersecurity in banking isn’t just a matter of protecting data; it’s a critical component of maintaining trust and staying afloat in a sea of regulations. For banks and related institutions, navigating the tides of regulatory banking compliance is a constant challenge. […]
Tag Archives: compliance
Service Organization Control 2 (SOC 2) is more than a set of guidelines—it’s a framework for trust. And a SOC 2 audit is not just a regulatory hoop to jump through for your IT provider; it’s a testament to a company’s commitment to safeguarding your sensitive information against breaches that have become all too common. […]