Canarie AI

Exam Preparation

IT/Cybersecurity Exam Preparation for BaaS Platforms

IT and cybersecurity examinations evaluate your information security program, controls, and incident response capabilities. Canarie helps you maintain evidence of security activities, from risk assessments to control testing to incident response, ready for examiner review. Specifically tailored for the unique examination requirements facing baas platforms.

More for BaaS Platforms

BaaS Platforms Exam Preparation Challenges

Oversight of multiple fintech partners
Demonstrating partner compliance to examiners
Scaling oversight with partner growth
Managing third-party risk at scale
Consistent compliance standards

Examining Agencies

FFIECNYDFSFDICOCCFederal Reserve

Exam Frequency

Annual or as part of safety and soundness examination

Preparation Steps for BaaS Platforms

1
Update IT risk assessment
2
Compile vulnerability assessment results
3
Document penetration testing findings
4
Gather security awareness training records
5
Prepare incident response documentation
6
Document access control reviews
7
Compile vendor security assessments

Evidence Examiners Expect

Information security policies and procedures
IT risk assessment documentation
Vulnerability scan results and remediation
Penetration test reports
Security training completion records
Incident response logs and exercises
Access review documentation

Related Compliance Areas for BaaS Platforms

Third-party risk managementBSA/AML program oversightConsumer compliance oversightPartner due diligenceRegulatory examination management

Frequently Asked Questions

Transform IT/Cybersecurity Exam Preparation for Your BaaS Platform

See how baas platforms prepare for examinations in days, not weeks.