SecureTrust Corporation lists ten concrete steps to ensure that 2007 is a safe one for banks and customers alike.
San Antonio, TX (PRWeb) January 13, 2007 -- SecureTrust Corporation, a global leader in providing high-quality security solutions for organizations requiring secure communications, today released a free report titled "2007 Top Ten Resolutions on Compliance and Security for Banks and Financial Institutions". The report lists ten specific concrete recommendations to aid banks in improving security and complying with industry regulations.Some recommendations in the report include:
-Improving employee passwords. Requirements for passwords have become so stringent that most employees have resorted to writing them down, significantly increasing the possibility of security breaches. Find out simple strategies for creating strong passwords that are easy to remember.
-Increasing oversight of service providers. Service providers include a wide range of third parties such as courier services, janitorial firms, check printing institutions and internet service providers. Make sure contracts service providers such as courier services, janitorial firms and check printing companies include customer safeguard provisions.
-Reviewing current practices for conflicts of interest. Conflicts of interest can arise when the firm assessing and fixing security holes are one and the same. Always use different parties to conduct the assessment and implement the recommendations.
"Breaches in security can be devastating to both banks and clients alike, and today the vulnerabilities are more numerous than ever before," says Scott Harris, President of SecureTrust. "We wanted to offer banks a roadmap with steps that could be immediately implemented so that results would be seen sooner rather than later."
"In our experience, we find that eighty percent of financial institutions think they are fully compliant. In fact, only twenty percent probably are, and the vast majority could significantly benefit from these recommendations."
The free report can be downloaded at www.XRamp.com/solutions/resolutions.
About SecureTrust Corporation
SecureTrust is a global leader in providing high-quality security solutions for online merchants, universities, government entities, and any organization requiring secure communications. SecureTrust is a Microsoft Gold Certified Partner, and has received the AICPA/CICA WebTrust Seal of Assurance for Certification Authorities three years in a row. SecureTrust has also earned certification from MasterCard/Visa as a PCI-compliant scanning vendor. Since its inception in 2001, SecureTrust has prospered by offering high quality security solutions combined with excellent customer and technical support, making SecureTrust's services one of the best values in the industry. Visit www.SecureTrust.com for more information.
Media Contact: Edward Yang, (949) 500-6422
Press Contact: EDWARD YANG
Company Name: SecureTrust Corporation
Email: email protected from spam bots
Phone: 9495006422
Website: www.XRamp.com/solutions/resolutions
Press Release Source: EMediaWire