Industries/Financial Services

Industries · Financial Services

Security that holds up to regulators, auditors, and adversaries.

From creditor firms working under the NCBA Committed to Security program, to mortgage banking firms navigating GSE, NYDFS, and CCPA security requirements, to private equity advisors managing portfolio risk, Convergent's financial services practice combines deep regulatory fluency with offensive security depth and continuous coverage through Sanctum.

NCBA
CTS program partner
3,651
Risk assessments delivered
CISSP
Advisory leadership
OSCP
Offensive specialists

Who we serve

Three financial services audiences. One regulated reality.

Financial services is not a single market. Convergent's practice is built around the three audiences where our regulatory and program heritage translates into immediate value.

Creditor & Collection Firms

Firms operating under the NCBA Committed to Security program. Annual assessment cycles, vendor assurance to creditor clients, and the security operations required by regulated debt servicing.

Private Equity & Portfolio Cos

Long-term strategic cyber advisory for PE groups managing security risk across portfolio companies. Assessment programs at portfolio scale, with pragmatic recommendations and confidential reporting.

Banks, FinTechs, Mortgage Bankers & FIs

Mid-market financial institutions such as community banks and credit unions, FinTech platforms, and mortgage bankers balancing regulatory examination, customer trust, and the offensive security testing that protects all three.

Anchor program

NCBA Committed to Security — delivered by Convergent.

The National Creditors Bar Association's Committed to Security program is the assurance standard for creditor firms working with major financial institutions. Convergent co-developed the framework and delivers its annual assessment cycle to participating firms across the United States.

The program is the FinServ counterpart to TPN in media — a vendor-assurance gate that translates directly into the firm's ability to win and retain creditor work. Convergent's role spans framework stewardship, assessment delivery, and continuous support between cycles.

Program nameCommitted to Security
Sponsoring bodyNCBA
Assessment cadenceAnnual
Convergent roleAssessor & partner
Geographic scopeUnited States
IndustryCreditor firms

What is specific to FinServ

Regulated. Audited. Targeted.

Financial services security is shaped by three forces that do not let up: regulators expecting demonstrable controls, auditors expecting documented evidence, and adversaries with the resources of organized crime or nation-state actors.

Examinations have a calendar

Regulatory examination dates do not move. Security programs have to be evidence-ready year-round, not just in the weeks before an exam.

Money makes a target

Financial firms attract patient, capable adversaries. Generic penetration testing misses the long-tail TTPs that real financial-sector attackers use.

Vendor risk is a primary control

Most material breaches in financial services trace back to vendor or supply-chain exposure. Programs like NCBA CTS exist because the controls inside the firm are not enough on their own.

Reporting has to be defensible

Findings, evidence, and remediation tracking need to hold up to internal audit, external regulator, and litigation discovery. Sanctum is built for that standard.

Anchor program

Mortgage banking security assessments — delivered by Convergent.

Annual security assessments for the mortgage banking industry, delivered by a firm with a seat on the Mortgage Bankers Association Cyber committee. The practice spans the full mortgage value chain — originators, servicers, technology vendors, and secondary market participants. All under one assessment standard tuned to the regulatory and operational reality of the industry.

The work integrates regulatory fluency in CCPA, NYDFS Cybersecurity Regulation (Part 500), and GSE seller/servicer security requirements (Fannie Mae, Freddie Mac) — the three frameworks that determine vendor-readiness across most material mortgage banking relationships in the United States.

Program MBA Cyber committee seat
Sponsor Mortgage Bankers Association
Cadence Annual
Role Assessor & industry voice
Regulatory CCPA · NYDFS · GSE
Industry Mortgage banking

FinServ-specific service depth

Six services where the financial services specialization shows up.

Convergent's FinServ practice runs across all three coverage pillars. These are the engagements where the regulatory and program knowledge translates most directly into outcome quality.

Assurance

NCBA CTS Assessment

Annual assessment to the Committed to Security framework. Convergent's program heritage means the assessment matches the program's actual intent, not a generic checklist.

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Assurance

Portfolio Risk Assessment

For PE groups managing security risk across portfolio companies. Programmatic, comparable, and tuned to deal cycles and exit timing.

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Offensive

Financial Sector Pen Testing

Penetration testing tuned to the TTPs used by adversaries targeting financial firms specifically — commodity malware to advanced persistent threats.

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Offensive

Red Team for Detection & Response

Multi-stage adversary simulation against named threat actor profiles. Tests whether your SOC and IR teams catch what regulators expect them to catch.

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Advisory

Virtual CISO for FinServ

Fractional executive security leadership for mid-market financial firms. Regulator-ready program design, board reporting, and on-call escalation.

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Advisory

Regulatory Examination Support

Preparation, evidence collation, and on-the-day support for CCPA, NYDFS, and other state-level cybersecurity examinations.

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Convergent has been a strategic provider for two years, completing 20 assessment projects and over 80 verification calls. They deliver recommendations that are very clear, pragmatic, and actionable.
BS

Brad Strahorn

Black Creek Cybersecurity · Private equity advisory

Ready when you are

Talk to a senior practitioner who has worked the regulators' side.

No sales pitch. A working conversation about your NCBA cycle, examination calendar, portfolio program, or specific FinServ security challenge.

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