Financial Industry
Data Compliance: What You're Responsible For
NCUA / FFIEC AUDITS
Cadre's NCUA and FFIEC audit services are designed to help credit unions and financial institutions ensure compliance with regulations set by the National Credit Union Administration (NCUA) and Federal Financial Institutions Examination Council (FFIEC). Our experienced auditors conduct a comprehensive review of your organization's policies, procedures, and systems to ensure compliance with regulatory requirements.
We provide a detailed report of our findings, highlighting areas of concern and recommending appropriate actions to address any identified weaknesses. Our recommendations are tailored to your specific business needs and are designed to help you improve your compliance posture and mitigate potential risks.
Our NCUA and FFIEC audit services cover a broad range of areas, including cybersecurity, risk management, and internal controls. Our team of experts stays up-to-date with the latest regulatory requirements and best practices to ensure that your organization is compliant with the most current guidelines.
With our NCUA and FFIEC audit services, you can have confidence in the security and compliance of your financial institution. Our services can help you avoid costly penalties and reputational damage by ensuring that you are well-prepared to handle any regulatory challenges.
IT AUDIT
Cadre's IT audit services are designed to provide your organization with a comprehensive assessment of your IT systems and processes. Our team of experienced professionals will conduct a thorough review of your organization's IT infrastructure, systems, applications, and processes to identify potential risks and vulnerabilities. We use the latest tools and techniques to assess the effectiveness of your security controls, compliance with relevant regulations and standards, and the overall performance of your IT systems.
Our IT audit services cover a broad range of areas, including network security, system configuration, data management, user access, and business continuity planning. We provide a detailed report of our findings, highlighting areas of concern and recommending appropriate actions to address any identified weaknesses. Our recommendations are tailored to your specific business needs and are designed to help you improve your IT security posture and mitigate potential risks.
With our IT audit services, you can have confidence in the security and reliability of your IT systems, ensuring that you are well-prepared to handle any potential threats or disruptions to your business operations.
PCI COMPLIANCE
The Payment Card Industry Data Security Standard (PCI DSS) is a set of security standards designed to ensure that all companies that accept, process, store, or transmit credit card information maintain a secure environment. Compliance with these standards is essential to prevent fraud, data breaches, and financial losses.
At Cadre, we understand the challenges of achieving and maintaining PCI DSS compliance and the consequences of non-compliance. We offer a comprehensive range of services to help financial services businesses of all sizes meet the requirements of PCI DSS. Services include risk assessments, vulnerability scans, penetration testing, and ongoing monitoring. Our team of experienced professionals will work closely with you to identify potential vulnerabilities in your systems and implement effective security controls to protect your customers' sensitive data. With our expertise and guidance, you can achieve and maintain PCI DSS compliance with confidence, knowing that your business is secure and your customers are protected.
SOC 1
Cadre's SOC 1 compliance services are designed to help your organization meet the requirements of the Service Organization Control (SOC) 1 report. SOC 1 is a widely recognized auditing standard that evaluates the effectiveness of controls over financial reporting. Our experienced auditors will work closely with you to assess your organization's control environment and ensure compliance with SOC 1 requirements.
Our SOC 1 compliance services cover a broad range of areas, including the design, implementation, and monitoring of internal controls related to financial reporting. We use a risk-based approach to identify potential areas of concern and assess the effectiveness of your control environment. Our team of experts has extensive experience with SOC 1 compliance and can provide you with guidance and recommendations to improve your control environment.
We provide a detailed report of our findings, highlighting areas of concern and recommending appropriate actions to address any identified weaknesses. Our recommendations are tailored to your specific business needs and are designed to help you improve your control environment and mitigate potential risks.
With our SOC 1 compliance services, you can have confidence in the effectiveness of your internal controls related to financial reporting. Our services can help you avoid costly penalties and reputational damage by ensuring that you are well-prepared to handle any regulatory challenges
NY-SHIELD
NY SHIELD, or the Stop Hacks and Improve Electronic Data Security Act, is a crucial data security law that financial services organizations in New York State need to be aware of. The law mandates that businesses implement reasonable data security measures to protect sensitive information and notify individuals and government entities in the event of a data breach. Financial services organizations, which collect and store a vast amount of sensitive patient information, are particularly vulnerable to cyber attacks and data breaches. Complying with NY SHIELD is crucial for financial services organizations to ensure they are implementing the necessary measures to safeguard patient information and maintain patient trust. Cadre can create security systems that ensure financial services organizations are following NY SHIELD's requirements to minimize the risk of data breaches and avoid potential legal and financial consequences.
