Clockspring

Clockspring supported Bank of America by providing design services and engineering support to improve three factors of IT Security: Third Party Risk Management, Vulnerability Management, and Application Security Assessments. Clockspring integrated a COTS tool with a third-party API gateway, providing bi-directional data transfer to other Bank of Am... erica information systems. Clockspring coordinated implementation activities with three distinct teams to manage scope and balance staff resource utilization across task areas via an integrated project plan. Clockspring worked with Third Party Risk Management stakeholders to convert their spreadsheet-based process to a formalized workflow capability which included assessment results, scoring, and POA&M management. This allowed for a continuity of the existing data gathering process and didn't require the vendors to change their process for answering the data calls, which allowed for a completely transparent transition to the new capability. The Application Security Assessment capability improved the process of assessing the security impacts of software deployed throughout the enterprise and utilized daily by their 300,000 employees and contractors. This vigorous process requires software undergo up to 6 different types of security assessments to ensure the level of risk to the organization is understood before being approved for use.Read More