Community Banks face many more challenges today than they did even 5 years ago. It seems that every day there is an announcement of a new data breach, ransomware attack, or vendor failure. As if that isn’t enough, the regulatory burden continues to increase and the pace of enforcement actions has quickened over the last few years, especially in the realm of third party partnerships. Technology is increasing at a rate that is difficult for everyone to keep up with, much less truly understand and control its risks. Every conference or webinar you attend, and website or article you read does a great job of telling you all the problems out there, but they are short on practical and feasible solutions for community banks. What is a community bank to do? 

With increasing regulatory scrutiny in Information Technology, comes the very real risk of additional administrative burden in compliance and remediation of regulatory examinations. Trying to keep up with new partnerships, software implementations, and technology changes due to your bank’s growth can create gaps that if not proactively identified can lead to further regulatory issues. Even if you’re currently under an enforcement action, we can help develop and implement a plan to get you back on track and in compliance.

I started RankinCo so I could help community banks like yours navigate these changes and protect your customers and your bank from the threats that our connected world throws at you. Our experience in building Cybersecurity and Information Security Programs gives you a firm governance foundation to ensure you’re doing things that truly decrease your risk.

I look forward to visiting with you soon!

Matt