The Financial Institutions Shared Assessments Program is expected to announce a revision today to the standard it began developing early last year to evaluate security applications.
Also, Santa Fe Group and BITS, the technology arm of the Financial Services Roundtable, which administer the program, are expected to announce that its working group, which develops and revises the standard, now has more than 50 participants.
The program provides tools for helping companies assess various security standards. Five software firms have include them in their products. The revision includes standards for wireless security.
Catherine A. Allen, Santa Fe's chairman and chief executive, said in an interview that the program was created because "there wasn't an assessment tool out there that was consistent and rigorous enough."
