IT Audit & Governance Services

As a director, C-level executive, or other stakeholder of your organization, you know how drastically compliance and regulatory rules have changed in the last few years. You may be asked for assurances that your organization’s bank IT security and business-related risks are properly managed, including outsourced processes.

What will your answer be to the following questions when customers, regulators, investors, lenders, auditors and potentially lawyers come asking?

• Do you have an inventory of what needs to be protected? Is your bank IT system and related data secured? Are customers' information kept private? Is processing complete, accurate, timely and authorized?
  
  
• Can you trust your bank IT vendors? Do you have an effective bank IT vendor management program to help ensure protected privileged information and delivery of agreed upon services at the contracted price?
  
  
• Have you gotten a handle on Sarbanes-Oxley requirements or are you spinning your wheels? Do you fear your bank IT auditor’s or regulator’s upcoming visit?
  
  
• What do you have in place today to demonstrate to your bank customers or business partners that your systems are safe from fraud, attack, corruption or privacy breaches? Could an objective third-party CPA report facilitate business development opportunities?
  
  
• How does your bank IT governance structure and related bank IT risk assessment strategies compare with banking industry and developing "best" practices?
  
  
• Do you need specialized security bank IT services? TG-3 (PIN) compliance and sponsoring bank due diligence reviews? National Security Agency (NSA) compliant INFOSEC assessment (IAM) or evaluation (IEM)?
  
  
• As a bank, how well are you complying with the FFIEC (Federal Financial Institutions Examinations Council's) IT Examination Handbook series and evolving regulatory guidance?

Joel Lanz, CPA, P.C. can work with you to determine which IT assurances will best meet your specific challenges. To find out more or to get started, contact Joel Lanz personally at 516-933-3662 or email him today.