-
NIST releases new Cloud Computing Guidelines
Although not specific to the financial industry, the new guidelines provide a comprehensive overview of the privacy and security challenges of this increasingly popular computing model. It’s worth a look by both financial institutions considering cloud-based services, as well as service providers, because NIST guidelines often wind up as the basis for new or updated…
-
Audits vs. Examinations
As I speak with those in financial institutions responsible for responding to audit and examination requests, I find that there is considerable confusion over the differences between the two. And some of this confusion is understandable…there is certainly some overlap between them, but there are also considerable differences in the nature and scope of each…