LUBBOCK, Texas, Nov. 14, 2015 (GLOBE NEWSWIRE) -- via PRWEB - CoNetrix is excited to announce its tandem Cybersecurity Assessment tool won the 2015 BankNews Innovative Solutions Award for Best Management/Operations/Processing Solution!
The tandem Cybersecurity Assessment tool, launched in July 2015, was developed to help financial institutions such as banks and credit unions complete the FFIEC cybersecurity self-assessment released on June 30th. Users log into tandem and complete a questionnaire to calculate their institution's inherent risk profile and cybersecurity maturity level. Results live in tandem for tracking and reporting on a regular basis. More than 800 financial institutions have chosen to use tandem to help them complete their cybersecurity assessment.
The tool is an integrated module in tandem, an online software suite for managing information security and compliance. It was initially launched as a free tool, but now includes Pro and Pro Plus versions available for paid enhancements and professional services.
The 2015 Innovative Solutions Awards, sponsored by BankNews, recognize companies helping community banks improve their operations, be more competitive, enhance their technical capabilities and increase their profitability. The Innovative Solutions Awards are presented in four categories:
- Equipment / Hardware Solution
- Consulting / Outsourcing / Training Solution
- Management / Operations / Processing Solution
- eBanking (Mobile/Online) Solution
More than 40 solutions competed in the 2015 Awards. The winners have been highlighted in the November issue of BankNews magazine.
"We are honored to receive a BankNews Innovative Solutions award among so many distinguished nominees. It really gives credit to the excellent team we have here at CoNetrix," commented Russ Horn, president for CoNetrix.
About tandem Security and Compliance Software: tandem was the first comprehensive online Information Security Program software solution designed to help financial institutions create and maintain a complete program to comply with GLBA and the Interagency Guidelines Establishing Information Security Standards. While tandem was designed as a complete solution from the ground up, it was fashioned into modules which allow for versatility. The modules include Risk Assessment, Policies, Vendor Management, Business Continuity Planning, Identity Theft Prevention Program, Internet Banking Security Program, Audit Management, Social Media Management, and the newest module, Cybersecurity Assessment. tandem has more than 15,000 active user accounts representing more than 1,000 financial institutions.
About CoNetrix: CoNetrix is a full-service technology consulting, security and compliance firm with roots dating back to 1977. Founded in Lubbock, Texas, CoNetrix now serves customers across the U.S., providing a variety of technology and security solutions, including online security and compliance software, IT audits, security vulnerability testing, risk management, technology consulting, cloud hosting, and managed services. Security is designed into all of its offerings, from its software to its consulting services. CoNetrix specifically serves financial institutions – such as banks, savings associations, credit unions, and trust companies – as well as enterprises requiring a high level of security in their operations.
To learn more about the BankNews 2015 Innovative Solutions Awards winning solutions, read the BankNews announcement here.
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