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United States : InfoSight offering Cyber Security Solutions to NAMB.

InfoSight Inc declared that it has teamed up with NAMBThe Association of Mortgage Professionals to offer security solution to mortgage brokers for the personal information of their customers, along with the abidance of the new regulations imposed by the Consumer Financial Protection Bureau (CFPB).

The partnership is a result of a new mortgage disclosure rule, mandated by the CFPB, making it mandatory for creditors and their agents to safeguard non-public personal information (NPI) through the use of secure e-mail exchanges. The rule, which became effective Oct. 3rd, 2015, results from organized cybercrime groups who find mortgage brokerages an attractive target.

The partnership will see InfoSight providing NAMB members guidance on e-mail encryption solutions, network security monitoring and management, and cyber security awareness training for brokerages and their staff.

NAMB members will also be able to attend free educational Webinars and annual Anti-Money Laundering (AML) training, presented by InfoSight, on the safety of customer information in transit, to protect their own network systems from breach, and to ensure compliance with the CFPB rules.

NAMB's Vice Chair of Government Affairs Fred Kreger said, We want our members to get ahead before the CFPB rule prohibiting unsecure email exchanges containing NPI is enforced this fall. NAMB members will benefit greatly from the education and guidance offered by InfoSight through this partnership. Not only will NAMB members learn about email security solutions, but they'll gain a greater understanding of information security best practices which will serve to improve their brokerage's overall security posture.

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Publication:Mena Report
Date:Feb 1, 2016
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