FishNet Security, one of the nation’s largest and most respected Information Security Solutions Providers, announces that it has recently joined the Shared Assessments Program as an assessment firm member.
“By joining the Shared Assessments Program as an assessment firm member, FishNet Security continues to demonstrate a commitment to information assurance, says Gary Fish, CEO of FishNet Security. “This membership will allow FishNet Security to partner with industry leaders who are focused on maintaining and implementing security best practices” he added.
Created by BITS, a nonprofit financial services industry association; the Shared Assessments Program was launched to streamline and standardize the evaluation process of service provider partners. The program offers a faster, more efficient and less costly means of making evaluations and conducting assessments related to extended business relationships.
The program efficiently and consistently assesses provider’s security standards, using these two assessment tools:
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The Shared Assessments questionnaire which streamlines nearly all best practice security objectives, and once answered by the service provider it creates a detailed snapshot of security controls in place to ensure that the highest level of security is met.
- The Agreed Upon Procedures (AUP) document that provides 45 control points used to create more detailed reports.
Both measures are suitable for most any institution-service provider relationship, and saves time and money for both parties, while also expediting turnaround time.
“We commend FishNet Security for becoming a member of the Shared Assessments Program,” said Catherine A. Allen, Chairman and CEO of The Santa Fe Group and recently retired Founding CEO of BITS. “By conducting security assessments under our program, Fishnet demonstrates its commitment to working collaboratively with the industry on issues of safety and soundness, as well as efficiency,” she added. The Santa Fe Group is a strategic consulting company that manages the Shared Assessments Program for BITS.