Resource HubPosts By Category
BankTech Bytes: Banking Artificial IntelligenceChatGPT Version
3/24/2023
It seems that the newest thing in technology is Artificial Intelligence or AI. ChatGPT, while only one of many projects underway, has seemingly caught everyone’s attention. In honor of that, we thought it would be interesting to let the tool write our blog this quarter - an AI edition of sorts. With some prompting, the software very quickly produced this quarter's content.
“AI is a technology which is staggering. We're already using it to do risk, fraud, marketing, prospecting — and it's the tip of the iceberg. To me this is extraordinary.” - Jamie Dimon, CEO | Chase Bank
BankTech Bytes: Honest Abe's Lessons on Resiliency
12/13/2022
This BankTech Bytes Newsletter discusses thoughts on resiliency. In a joint issuance to large banks on the subject in 2020, the OCC, FDIC and FED defined operational resilience as, “The ability to deliver operations, including critical operations and core business lines, through a disruption from any hazard.”
Watch Out for Those Hackers - It's Cybersecurity Awareness Month!
10/17/2022
October is Cybersecurity Awareness Month, a global effort to help everyone stay safe and protected when using technology whenever and however you connect. Cybersecurity has become one of the biggest hot topics both inside and outside of technology circles over the last two years.
Saltmarsh Hosts 17th Annual Community BankTalk Event
8/31/2022
For the past 17 years, the Saltmarsh Bank Advisors have brought hundreds of financial institution professionals together for community banking events, BankTalk, to learn about advancements in the industry, regulatory updates and much more. With the turn to virtual after 2020, the team hosted the last three annual events virtually – but that didn’t stop them from getting an insightful lineup of speakers and content!
Don't Become the Next Victim of a Social Engineering Attack
8/23/2022
When it relates to information security, social engineering is the use of deception to manipulate individuals into divulging confidential or personal information that may be used for fraudulent purposes - and it can come in many different forms.
Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers
5/31/2022
As of May 1, 2022, banks must now notify their primary federal regulator within 36 hours of determining a "notification incident" has occurred, while a bank service provider is required to notify each affected bank "as soon as possible" if an incident is "reasonably likely" to cause a disruption for more than four hours.
BankTech Bytes: Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers
5/16/2022
This BankTech Bytes newsletter discusses Incident Notification Requirement updates from The Federal Register.
White Paper: Manufacturing Outlook, Leveraging Technology Today1st Quarter 2022 Insights from the Saltmarsh Manufacturing Team
3/24/2022
Our white paper discusses the need for cybersecurity to ensure your manufacturing company is protected and thriving in today's world.
A compromised password. That’s all it took for hackers to take down the largest fuel pipeline in the U.S. last year, which led to gas shortages and higher fuel prices across the East Coast. The cost was even more for the cyberattack victim, Colonial Pipeline. It has been reported that Colonial Pipeline paid a $4.4 million ransom to a Russia-linked cybercrime group and hired a cybersecurity firm to consult on its cyber defenses to help ward off future attacks...
Webinar Recording: Trends in D&O and Cyber
2/25/2022
Webinar recording. Bank insurance renewals have become anything but routine. Dennis Gustafson from AHT Insurance joins us for a webinar on the metrics behind financial institutions’ insurance; and review trends in the D&O claims environment and how they are moving the market.
Elevate your Third-Party Risk Management Program
2/21/2022
Vendor Management, which is now trendily known as Third-Party Risk Management (TPRM), continues to get increasing regulatory attention as it should. Most of us in the banking space these days are increasingly outsourcing key operations to third parties. Peering ahead, it’s hard to imagine that changing. It looks like the next great wave to wash over TPRM could be decentralized finance (DeFi) and cryptocurrency integrations. These may even overtake traditional Fintech as banking’s biggest potential disruptor. With compliance, safety and soundness exams focusing on TPRM, it is time to consider how to evolve our programs.
BankTech Bytes: Elevate your Third-Party Risk Management Program
2/7/2022
This BankTech Bytes Newsletter discusses considerations for elevating your Third-Party Risk Management Program. Vendor Management, which is now trendily known as Third-Party Risk Management (TPRM), continues to get increasing regulatory attention as it should. Most of us in the banking space these days are increasingly outsourcing key operations to third parties.
Cryptocurrency - It's Time to Acknowledge the Elephant in the Room
9/20/2021
I never thought I would write about cryptocurrency, but with a current global market cap of $2.24 trillion, it doesn’t really matter what I might think about it anymore. There is simply too much money in this space to ignore it any longer.
The FFIEC's New AIO Handbook
8/31/2021
On June 30, 2021, the Federal Financial Institutions Examination Council (FFIEC) published the new Architecture Infrastructure and Operations (AIO) Booklet, replacing the Operations booklet from July 2004. While this new booklet resembles its predecessor there are significant new themes to evaluate.
BankTech Bytes: The FFIEC's New AIO Handbook
8/26/2021
This BankTech Bytes Newsletter discusses the FFIEC's New AIO Handbook.
On June 30, 2021, the Federal Financial Institutions Examination Council (FFIEC) published the new Architecture, Infrastructure, and Operations (AIO) booklet, replacing the Operations booklet from July 2004. While this new booklet resembles its predecessor there are significant new themes to evaluate.
Why Your Company Needed to Invest in Cybersecurity Yesterday
8/13/2021
From oil pipelines to government agencies, software vendors to hardware manufacturers, insurance firms and even video game developers, each of these industries have something in common. In the last six months, headlines have been made around ransomware attacks targeting businesses and government agencies within each of these industries with seemingly no discretion.
GovCon Updates of the Week Part 11
6/28/2021
Want the latest on the drop in small business contractors, the United States Air Force's potential $750 million contract and cybersecurity specifications like "critical software"?
WEBINAR MATERIALS: The Rise of Ransomware - The Evolution, Risk & Recovery
6/22/2021
The evolution of ransomware creates constantly changing threats to businesses and if your defense and recovery processes aren’t changing along with it, you may not be prepared to bounce back when it finds you. This webinar includes a discussion about understanding, mitigating, and managing ransomware risks as well as best practices for small businesses.
GovCon Updates of the Week Part 9
6/14/2021
Want updates on the Department of Homeland Security’s (DHS) and the Transportation Security Administration's (TSA) new directive, a program called Measuring the Information Control Environment (MICE) and Congress's new bills coming this summer?
DOL Issues Cybersecurity Guidance for Retirement Plans
6/14/2021
On April 14, the Department of Labor (DOL) outlined a range of practices for combatting the growing threat of cybercrime to ERISA-covered retirement plans. This first-ever cybersecurity guidance issued by the DOL’s Employee Benefits Security Administration (EBSA) casts a wide net, addressing key issues affecting plan sponsors, fiduciaries, record keepers, as well as plan participants and beneficiaries.
The Evolution of Ransomware
5/28/2021
As many people know, ransomware started by simply encrypting large amounts of victims’ data and holding the encryption key until the victim paid a ransom. The initial iterations of this were almost harmless, but as we look back, the genius involved is obvious. Read more!
GovCon Updates of the Week Part 8
5/25/2021
Want the latest updates on Government fiscal year (FY) 2022 budget release, the Department of Defense's (DoD) 5G telerobotic healthcare and the president's Executive Order (EO) on Improving the Nation’s Cybersecurity? Read more!
BankTech Bytes: The Evolution of Ransomware
5/21/2021
This BankTech Bytes Newsletter discusses the evolution of ransomware and what it is today.
As many people know, ransomware started by simply encrypting large amounts of victims’ data and holding the encryption key until the victim paid a ransom. The initial iterations of this were almost harmless, but as we look back, the genius involved is obvious.
GovCon Updates of the Week Part 6
5/6/2021
Want the latest updates on the Endless Frontier Act for emerging tech, the newest armed forces branch, the Space Force, and Consortia-Managed Other Transaction Authorities (OTAs)?
Tech Leaders Worldwide Have Optimistic Outlook For 2021
5/5/2021
Amid unanticipated crisis, technology leaders sprang into action and helped business continue across many industries. After weathering the worst of the storm, tech executives carry continued optimism into 2021, anticipating a continued surge in demand and further opportunities for growth.
Nonprofit Data Breach Vulnerabilities and How to Avoid Them
4/23/2021
As more people are shifting to digital lifestyles and remote operations, data is being passed through the internet now more than ever. Proportionate to this, however, are the opportunities for potential compromise of the data, particularly via a data breach.
Past Posts By Category
- BankTech Bytes: Banking Artificial Intelligence
- BankTech Bytes: Honest Abe's Lessons on Resiliency
- Watch Out for Those Hackers - It's Cybersecurity Awareness Month!
- Saltmarsh Hosts 17th Annual Community BankTalk Event
- Don't Become the Next Victim of a Social Engineering Attack
- Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers
- BankTech Bytes: Computer-Security Incident Notification Requirements for Banking Organizations and Their Bank Service Providers
- White Paper: Manufacturing Outlook, Leveraging Technology Today
- Webinar Recording: Trends in D&O and Cyber
- Elevate your Third-Party Risk Management Program
- BankTech Bytes: Elevate your Third-Party Risk Management Program
- Cryptocurrency - It's Time to Acknowledge the Elephant in the Room
- The FFIEC's New AIO Handbook
- BankTech Bytes: The FFIEC's New AIO Handbook
- Why Your Company Needed to Invest in Cybersecurity Yesterday
- GovCon Updates of the Week Part 11
- WEBINAR MATERIALS: The Rise of Ransomware - The Evolution, Risk & Recovery
- GovCon Updates of the Week Part 9
- DOL Issues Cybersecurity Guidance for Retirement Plans
- The Evolution of Ransomware
- GovCon Updates of the Week Part 8
- BankTech Bytes: The Evolution of Ransomware
- GovCon Updates of the Week Part 6
- Tech Leaders Worldwide Have Optimistic Outlook For 2021
- Nonprofit Data Breach Vulnerabilities and How to Avoid Them
- View All Posts
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