Buckler Ensures Cybersecurity with Free Compliance Scoring for Financial Firms
Buckler addresses the need for cybersecurity in today’s digital landscape, especially for financial services firms navigating a complex web of regulations. With its free compliance scoring service, Buckler provides an exclusive solution to this challenge, offering critical insights into the maturity and effectiveness of cyber programs.
Introducing Buckler’s Open VRM Standard
The launch of the Open VRM (Vendor Risk Management) standard by Buckler marks a significant advancement in the industry. This free, open-source solution for vendor due diligence addresses the inefficiencies associated with annual vendor assessments. Supported by an advisory board of experts from various sectors, Open VRM provides a standardized approach for the Financial Services industry.
Vincent Guyaux, Founder, Chairman & CISO of Buckler, emphasizes the importance of this development:
“Open VRM offers a standardized approach for the Financial Services industry, enabling vendors to maintain a pre-vetted security questionnaire and compliance documentation in one private location. This system allows clients to confidently access vendor due diligence information through a centralized Vendor Directory.”
Unique Policy Match Process
What sets Buckler apart is its unique policy match process. Financial organizations often struggle with the highly manual and unstructured process of documenting compliance. Buckler’s methodology streamlines different regulations into a cohesive cyber program by cross-referencing individual requirements from various regulations and identifying patterns. This comprehensive set of cyber compliance policies ensures that clients in the financial services industry meet all relevant regulatory requirements efficiently and effectively.
Free Cyber Compliance Scoring
Buckler’s latest offering is a free, scored evaluation of cyber policy documents for financial services firms. This evaluation provides deeper visibility into a firm’s cyber program maturity and compliance.
Key Evaluation Areas
- Cyber Program Maturity: Ensuring that policies are part of a concise and cohesive overall cyber program that is effectively implemented.
- Regulatory Compliance: Assessing compliance across SEC, FINRA, NYDFS, and NAIC regulations using Buckler’s proprietary Policy Match.
Simple Review Process
- Email your policies to policy@buckler.app (NDA as required).
- Buckler assesses and scores your Cyber Program.
- Receive a detailed report with scores and recommendations within a week.
This evaluation helps firms build a compliant Cyber Program and manage administrative cyber workflows more effectively.
Why Buckler?
During a security exam, breach, or cybersecurity claim, financial organizations must provide evidence of their compliance. Failure to do so is considered negligent, potentially resulting in fines or denial of cyber insurance claims. Buckler ensures that clients not only meet regulatory requirements but also have the necessary documentation to prove their compliance.
About Buckler
With its innovative solutions and dedicated services, Buckler is transforming the landscape of cyber compliance for financial services firms. The free compliance scoring offer is a testament to Buckler’s commitment to enhancing cybersecurity and ensuring robust compliance in an increasingly regulated environment. For more information, visit Buckler or email policy@buckler.app.
