Security Management Partners offers compliance audit and assessment services for financial institutions under Gramm-Leach-Bliley (GLBA), Red Flag, MA 201 CMR 17, and FFIEC guidelines which require that financial institutions establish an effective information security program to protect the confidentiality and security of nonpublic personal customer information or be subject to substantial monetary and legal penalties.

SMP is familiar with all of the regulatory agencies that oversee financial institutions including: Federal Reserve System (FRB); Federal Deposit Insurance Corporation (FDIC); National Credit Union Administration (NCUA); Office of the Comptroller of the Currency (OCC); and Consumer Financial Protection Bureau (CFPB).

SMP’s IT audit and assessment services cover key components in the creation and maintenance of a comprehensive information security program. With SMP’s help, financial institutions can be confident that they have taken reasonable measures to protect confidential information and have reduced potential liabilities.  

SMP also offers additional consulting services for the finance industry.