i-confidential's Partnership with Finbridge Global
Helping fintechs understand their security posture to support onboarding journeys in the financial services industry.
This is a game changer for fintech security compliance.
What is Finbridge Global?
Finbridge has been established to create a unique global platform for the evolving financial services sector, solving the problem of how to source solutions, assess their viability, and engage with them seamlessly at speed, reducing the cost and time to market.
By signing up for free to Finbridge, you will be able to access the platform's options, including i-confidential's security assessment questionnaire.
Why have they partnered with i-confidential?
i-confidential helps organisations manage cyber security and risk.
For over 15 years, our blend of expert-led consultancy and specialist resourcing have enabled clients to achieve their goals.
We have worked with some of the UK’s best known firms, including top banks and insurance providers.
Together with Finbridge Global, we have developed a comprehensive security assessment questionnaire that meets the needs of multiple financial institutions. This tested and validated approach significantly reduces redundancy and speeds up the onboarding process.
How does the i-confidential questionnaire work ?
Filling out an information security questionnaire for due diligence is a critical task in demonstrating your security posture to customers, partners, or auditors.
We ask fintech organisations a series of questions designed to help them think about how they are protecting systems and information. Their responses will generate a score which will help identify areas of strength and weakness. The lower the score, the more areas for improvement!
Guidance on answering the questionnaire
Scores are based on the responses you provide so it is important to work with the right people in your organisation to ensure you have the knowledge on hand to complete the questionnaire.
It is good practice to make sure responses are aligned with your policies and standards. Also consider whether you could provide evidence to support your responses.
Scoring is based on the existence of security controls, to what extent they are implemented and, where relevant, how regularly they are reviewed.
While some questions score on a simple ‘yes or no’ basis, others are more flexible to allow for nuances in how you may have applied controls across systems.
I have completed the questionnaire. What does it mean and what action should I take now?
Once the questionnaire is complete you may:
Choose to do nothing! If you scored highly on information security you could decide to focus on other business areas instead.
Consider the areas for improvement. You know what to do about them now and just need to prioritise the fixes alongside other commitments.
Require more information to fully understand the results – or where to start with improvements. You should seek support to address gaps in your security posture. That is where i-confidential can help!
How do I get help to understand my scores and how to improve them?
Demonstrating good information security practices during due diligence builds trust with your clients and partners. If you want to improve your security posture, i-confidential will access your questionnaire responses and be able to work with you to understand your scores in more detail.
We can then provide consultancy to look at suitable next steps.
What additional help can
i-confidential offer?
We offer a full information security assessment which builds on the questionnaire responses, goes into greater detail to examine areas for improvement, and will provide detailed recommendations.
We also have a range of other services available which you can read more about below.
