Application Security for Financial Institutions Under GLBA, FFIEC, and Other Laws

Companies that lose control over customer information face enormous losses from: the cost of responding to the incident, from a loss of revenue after some customers stop doing business with them, and from lawsuits and government enforcement actions. Financial institutions, with Web applications like online banking face information security regulatory requirements under federal and state law. The most prominent law in this area is the Gramm-Leach-Bliley Act (GLBA). Cenzic's compliance assessment solution helps financial institutions comply with GLBA and other laws, because it automates risk assessment, checks for vulnerability to the injection of malicious code into web servers, automates the testing of code and key controls during the software development process, and helps them respond to new vulnerabilities in the software development lifecycle.