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The Problem: In today's fast paced network environments, Managed Security Service security has become the dominating factor for banking and credit union managers. Adding to this problem, many financial institutions have limited internal security resources to handle the constant bombardment of security threats, attacks, and new technologies.
Further complicating the problem, new networks and systems are added, changed, and upgraded so frequently that it becomes difficult to effectively assess the security posture of a financial institution's critical resources at a single point in time.
Maintaining effective network security requires a continuous process focused on the protection of valued assets, the analysis of potential threats, and the determination of acceptable levels of corporate risk.

Covetrix Managed Security Service (CMSS) offers comprehensive and detailed monthly, quarterly, and semi-annual analysis of security risks within your bank or credit union's technology infrastructure. Rather than rely on an annual security assessment, which only considers security at a point in time, the unique Covetrix approach offers a customized, cost-effective, and continuous solution against security threats year-round.

Derived from our flagship Security Assessment service, (CMSS) is broken into monthly, quarterly, or semi-annual phases and based on your institution's critical business and security needs. This unique method allows for an ongoing, organized, and proactive approach to discovering potential security threats on your organization's internal and external networks before they occur.
During each phase, the CMSS team analyzes predefined and targeted network resources. The information and threats gathered are analyzed and a report is created for each period. The reports include a review of corrective actions taken since the previous period's assessment and takes into account new and emerging threats. Individual reports are then combined to make up a final comprehensive report at year end.
(CMSS) coverage includes the status of your policies and procedures for security management according to the FFIEC, NCUA, and GLBA (section 748) standards; the security posture of servers, workstations, legacy and business applications, critical network devices, switching and routing equipment, the configuration of the physical environment, and much more.
Security deficiencies are also uncovered through social engineering, interviews with key members of your technical staff, on-site discovery, and detailed analysis of current network design and implementation. Covetrix security experts audit your institution for compliance with existing security policies, configuration audits, and an onsite review of your physical security safeguards.
Covetrix managed security service team will work with your institution to custom-fit the assessment scope and level to meet your technical, business, and security requirements.

During and immediately after each test, Covetrix will notify the client of high-risk vulnerabilities, advise on solutions, and conduct post fix testing as problems are corrected. Covetrix reports provide an updated snapshot of the information security posture for the tested bank or credit union. A gap analysis is also provided, indicating deficient areas which require further attention.
For more information on how Covetrix Managed Security Service can help your institution protect network resources from emerging threats year-round, contact our sales department at 214-575-9583 or toll free at 1-877-780-1132 option #2 or contact us at sales@covetrix.com.
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