ALPHARETTA, Ga.--(BUSINESS WIRE)--Safe Systems, a national provider of fully-compliant IT, compliance and security services for community banks and credit unions, has published a free white paper, “Managing Risk with a Truly Secure Vendor Management Program,” which is now available for download on its website.
Recent cybersecurity incidents affecting financial institutions have largely involved third-party service providers, prompting increased attention and scrutiny from regulators. Safe Systems’ white paper addresses key best practices to help community banks and credit unions effectively meet compliance requirements and protect themselves from third-party security threats. Additionally, this paper provides real-life examples from four Safe Systems customers sharing their challenges with vendor management and how automating this process has helped them successfully achieve their IT, security and compliance goals.
“Vendor management is a challenging and time-consuming process for community financial institutions, and the risks associated with third-party relationships can be quite costly if not managed properly,” said Darren Bridges, president of Safe Systems. “Our white paper provides financial institutions with actionable insights to help them efficiently evaluate critical vendors, reduce risk and build a secure vendor management program.”
About Safe Systems
Safe Systems was founded in 1993 to provide compliance-centric IT and security solutions exclusively to financial institutions. The company has become one of the leaders in the industry, managing hundreds of financial institutions representing more than $61 billion in combined assets, 1,100 locations and more than 20,000 network devices. Safe Systems’ IT network management services are the bridge between the core and other third-party applications. These cost effective solutions include IT support and managed services, internal network/cloud design and installation, hosted email, business continuity and disaster recovery, compliance consulting, security services, and IT and compliance training. Safe Systems helps financial institutions to significantly decrease costs, increase performance, and improve their compliance posture. For additional information about Safe Systems, Inc., please visit www.safesystems.com or call 770.752.0550.