Case Study

CISO as a Service

CLIENT

Blockchain Fintech Start-up

Case Study

CISO as a Service

CLIENT

Blockchain Fintech Start-up

The Challenge

For a Swiss start-up that unites blockchain technology and banking, receiving approval from FINMA (the Swiss Financial Market Supervisory Authority) required defining and implementing IT security policies and standards.

How we solved it

When establishing new policies, as well as managing regulatory authorities, it’s best to have a dedicated resource to handle all planning, supervising, coordinating and controlling tasks.

Arco IT provided the client with a CISO (Chief Information Security Officer) on a part-time basis. We took a hybrid approach, by combining best practices from other banks and analyzing the specific technical and operational risks of the new blockchain technologies to derive additional control requirements.

Working with the IT department, external suppliers, the executive board and the regulator, the CISO created IT security standards and operational processes, as well as a prioritized controls catalogue to manage the risks going forward.

Implementation of the high-priority controls was started immediately and effectiveness was documented. In anticipation of the inherent risks associated with a growing business, further controls were prepared and additional services were offered.

The Results:

Regain confidence and control of your IT security

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Are you ready?

On 1 September 2023 the new Swiss Federal Act on Data Protection (nFADP) comes into effect. Can you prove due diligence and demonstrate compliance?

Arco can provide transparency to your systems with IT gap analyses and recommend what needs to be improved.

Arco can support your Data Protection Officer, or act in this role, to implement your Data Protection Strategy, and help manage your risks.

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