Security & Compliance
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Security and compliance services for financial institutions

Protecting your financial institution today takes far more than a checklist or annual training. Cyber threats are accelerating, regulatory expectations are intensifying and fraud is becoming increasingly sophisticated. The operational stakes have never been higher.

To safeguard your bank or credit union, you need security and compliance services that work together to continuously protect your people, systems and governance. That's why SHAZAM offers a comprehensive suite of proactive, integrated solutions built specifically for financial institutions. We combine regulatory audits, cybersecurity risk assessments, fraud mitigation and physical security reviews into a single, coordinated strategy that strengthens resilience across your institution.

Our team of internal auditors, risk consultants and network security analysts brings decades of security and compliance experience, so we do more than simply identify vulnerabilities. We help you prioritize risk, implement practical solutions and prove ongoing control effectiveness to examiners and your board.

A unified approach to risk management

Banks and credit unions are under constant pressure to stay ahead of cyber fraud, operational risk and evolving compliance demands — all while working with lean teams and limited internal resources. That's exactly the challenge SHAZAMSecure® was designed to solve. 

By bringing risk management, technical validation, fraud awareness training and regulatory alignment into one cohesive framework, SHAZAMSecure eliminates silos and guesswork. Instead of reacting to threats after they surface, you gain visibility, control and confidence needed to proactively protect your financial institution.

Regulatory & IT audit services

SHAZAMSecure delivers independent regulatory audits and IT security audits that support ongoing compliance and examiner confidence. Our assessments align with FFIEC guidance, Nacha® rules and industry standards to validate control effectiveness, identify regulatory gaps and provide examiner‑ready documentation.

Services include:

  • ACH Audit – Validates ACH operations and compliance with Nacha rules
  • BSA/AML Audit – Risk‑based review of CIP, OFAC, monitoring and due diligence
  • IT Audit – Evaluates information security governance and controls against FFIEC standards
  • SAFE Act Examination – Confirms mortgage licensing and registration compliance
  • Enterprise Risk & Compliance Review – High‑level assessment of technology, operations, vendor management, continuity and TR‑39 readiness

The result is a defensible, audit-ready posture that demonstrates ongoing control effectiveness and accountability before, during and after examinations.

Cybersecurity & network protection

Cyber threats evolve daily — and surface‑level testing is no longer sufficient. SHAZAMSecure delivers in‑depth cybersecurity risk assessments and layered IT security audits that identify exposure paths, validate technical and governance controls, and assess operational resilience. If you’re asking how to improve cybersecurity readiness, the answer is rigorous, real‑world testing paired with prioritized, actionable remediation.

Services include:

  • External & Internal Vulnerability Assessments – Identify and prioritize security weaknesses across perimeter and internal network assets
  • Wireless & VPN Assessments – Evaluate configuration, authentication and encryption controls to reduce unauthorized access risk
  • Web Application Assessment – Tests applications for common vulnerabilities that could expose data or systems
  • External & Internal Penetration Testing – Simulates real‑world attacks to validate defenses against data theft and system compromise
  • Microsoft 365 Assessment – Reviews configuration against CIS standards to identify gaps and strengthen controls
  • Managed Firewall Services – Continuous monitoring, protection and reporting to improve visibility and response

These cybersecurity risk assessments help demonstrate control effectiveness and support ongoing risk management as your threat landscape changes.

Social engineering & fraud awareness

Technology alone can’t prevent every breach — people remain a primary target. Social engineering testing reveals how attackers exploit trust, urgency and authority to bypass controls, which is why training for financial institution employees is critical.

SHAZAMSecure delivers hands‑on social engineering testing and fraud awareness training to measure employee readiness and reduce human‑driven risk. Through realistic simulations and targeted instruction, you gain clear visibility into behavioral vulnerabilities and actionable guidance to strengthen practices and reporting.

Services include:

  • Social Engineering Assessment – Simulated attacks designed to evaluate employee responses and overall resilience
  • Phishing Assessment – Realistic email‑based scenarios paired with targeted awareness guidance
  • Vishing Assessment – Phone‑based attack simulations that test verification and authentication practices

These solutions help build a consistent culture of security awareness that reduces impersonation, payment fraud and social‑based threats.

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the average cost of a single data-breach incident for financial institutions, among the highest for any business sector
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the increase in the number of cyberattacks between 2023 and 2025 that specifically targeted financial institutions
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the number of debit cards compromised due to skimming in 2025, affecting nearly 3,400 financial institutions

Trusted security and compliance for banks and credit unions

Managing risk in today's environment requires more than isolated audits or reactive controls. Through offerings that include independent audits, cybersecurity risk assessments and more, SHAZAM helps financial institutions validate control effectiveness, reduce exposure and support ongoing compliance.

With decades of experience supporting community banks and credit unions, we understand examiner expectations, governance realities and operational constraints. Whether you’re preparing for an upcoming exam, responding to emerging threats or strengthening long‑term risk management for financial institutions, we're here to provide the expertise, structure and support to help you protect what matters most.

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