Network Penetration Testing for Financial Services companies in Memphis (TN)
Network Penetration Testing for Financial Services in Memphis, TN
Financial institutions in Memphis and across Tennessee are prime targets for cybercriminals seeking to steal payment data, customer records, wire transfer details, and confidential trading or lending information. Attacks such as ransomware, phishing, malware, password cracking, and SQL injection are routinely used to gain unauthorized access to banking and financial systems.
The financial impact is substantial. In 2021, the average reported cost of a data breach reached $4.24M (source), and this figure excludes many incidents that are never disclosed. For banks, credit unions, payment processors, and other financial services firms in the Memphis area, this risk is amplified by strict regulatory expectations around data protection and incident response.
To stay ahead of threats, financial organizations must regularly review, test, and strengthen their cybersecurity controls. This is where professional network penetration testing becomes essential.
What Is Network Penetration Testing for Financial Institutions?
Network penetration testing (often called “pentesting”) is a controlled, ethical hacking exercise where security professionals simulate real-world cyberattacks against your internal and external financial networks. The objective is simple: find and safely exploit vulnerabilities before criminals do.
For financial services companies, this includes testing systems such as:
Online banking platforms and customer portals
Core banking and loan systems
Payment processing and card systems
Trading, treasury, and wealth management platforms
VPN, remote access, and branch connectivity across Tennessee and beyond
The results give executive leadership, risk committees, and IT teams clear insight into:
How easily a motivated attacker could compromise the network
Whether existing security controls and monitoring are actually effective
Regulatory and compliance gaps related to GLBA, PCI DSS, SOX, FFIEC, and state requirements
Prioritized, practical remediation steps for your internal teams or managed service providers
Memphis & Tennessee Penetration Testing Experience
OCD Tech provides specialized network penetration testing for financial institutions in Memphis and across Tennessee, including banks, credit unions, investment firms, mortgage companies, insurance providers, and fintech organizations.
Our team combines IT risk advisory experience with hands-on ethical hacking expertise. We understand both sides of the house: what auditors and regulators expect, and how real attackers operate. This allows us to perform testing that is:
Technically rigorous enough to challenge modern financial networks
Business-focused, clearly mapping technical findings to financial and regulatory risk
Actionable, with specific remediation guidance tailored to your environment and resources
The outcome is not just a list of vulnerabilities; it is a practical security improvement plan aligned with the realities of operating a financial services organization in the Memphis market.
Our Network Penetration Testing Methodology
OCD Tech follows a proven, repeatable methodology that mirrors how sophisticated threat actors would target a financial institution, but in a controlled and legally authorized manner. Depending on scope and regulatory needs, our testing may cover both external and internal networks, including assumed-compromise scenarios.
Key components of our approach include:
Passive Reconnaissance – Quietly gathering information about your public-facing infrastructure, domains, and exposed services without direct interaction.
Active Reconnaissance – Safely scanning and probing systems to identify open ports, services, and potential weaknesses in banking and financial platforms.
Social Engineering (when in scope) – Testing employee awareness through targeted techniques such as phishing simulations or credential harvesting exercises.
Exploitation – Attempting to exploit identified vulnerabilities to demonstrate real business impact (for example, unauthorized access to sensitive financial systems).
Post-Exploitation – Assessing what an attacker could do after initial access, such as viewing or manipulating financial data.
Privilege Escalation – Attempting to gain higher-level access (e.g., domain admin, core banking admin) that would significantly increase risk.
Lateral Movement – Testing whether an attacker could move between branches, departments, or environments (e.g., from corporate network to payment systems).
Maintaining Access – Demonstrating how long-term unauthorized access could be maintained if not detected by your security monitoring.
Covering Tracks – Evaluating your ability to detect and investigate malicious activity through logs, alerts, and incident response processes.
Comprehensive Reporting – Delivering a clear, executive-ready report plus technical detail for IT teams, including risk ratings, root causes, and prioritized remediation steps.
National Reach, Local Focus on Memphis Financial Services
While we work closely with financial institutions in the Memphis and Tennessee markets, OCD Tech also delivers network penetration testing and IT security assessments to clients across the United States, including:
This national perspective allows us to bring current attack techniques, industry benchmarks, and best practices back to Memphis-area financial institutions, helping you stay aligned with leading security standards.
Contact Our Memphis Network Penetration Testing Team
OCD Tech provides network penetration testing, ethical hacking, and cybersecurity consulting to financial services companies and other organizations in Memphis and across Tennessee.
If you would like to discuss a network penetration test or broader IT security assessment for your bank, credit union, or financial services firm, please complete the form below. A member of our team will contact you to review your environment, regulatory drivers, and testing options.
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