Draft NIST guide helps banks with IT audit

Editor’s Note: NIST Draft Special Publication 1800-5c, IT Asset Management–Financial Services: How-To Guides for Security Engineers, is available here.

From: FedScoop

The National Cybersecurity Center of Excellence is trying to help financial organizations modernize how they manage their massive IT footprints.

By Greg Otto

Large financial institutions often have similar issues to federal agencies when it comes to IT, including keeping track of what is hosted on or connected to an organization’s network.

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“Following this guide will help organizations better manage their cybersecurity risk,” said Nate Lesser, deputy director of NIST’s National Cybersecurity Center of Excellence. “A centralized view of asset information, including location, ownership, hardware, software and patch levels improves situational awareness and can reduce security and compliance costs.”

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