Pass the IT/IS section of your next state exam

Why now

Cyber is in every exam.

The MTRA Money Transmitter Examination Manual (June 2026) runs core IT/IS procedures on every exam, asks whether the licensee has a CISO, and tests how controls actually run.

Source: McDermott Will & Emery — what the MTRA's examination manual means for money transmitters

Small licensees are being fined.

In August 2026, NYDFS fined a revenue-exempt money transmitter $250,000 over a generic risk assessment and a narrow patch policy.

Source: Data Protection Report — NYDFS levies $250,000 fine on licensee

States are writing it into law.

Mississippi's Data Security for Money Transmitters Act (effective July 1, 2026) requires a qualified individual, a written security program, incident response, BCP/DR and training, regardless of size.

Source: JDSupra — Mississippi enacts Data Security for Money Transmitters Act

Two ways to work together

MSB Cyber Exam Readiness Review

$6,500 fixed — 3 weeks

Mock CORE IT/IS exam against the MTRA manual
Company-specific risk assessment
Asset and vendor inventory check
Gap report ranked by exam risk
Board-ready summary

Fractional CISO / Qualified Individual

From $2,500/month — 6-month minimum

Named security lead for examiners and bank partners
Written ISP, IRP and BCP/DR kept current
Annual risk assessment
Patch and vendor oversight
Incident response tabletop
Quarterly board report
Exam-day support

Your attorneys keep licensing and AML. We handle the IT/IS section.

Ron Moore, Founder & Principal Consultant

Former VP of Technology and CISO at Bitcoin Depot
Former SVP-level executive at Cardtronics
Former CTO at EDC ATM
Co-founded a check-cashing fintech that was acquired

I've sat on the licensee side of state examinations.

How it works

20-minute call
Review your last exam report or upcoming entry letter.
3-week Readiness Review
A ranked fix list against the manual's IT/IS procedures.
Optional ongoing support
Fractional CISO coverage through your next exam.

What examiners pull for IT/IS

A one-page checklist based on the MTRA manual's IT/IS procedures and document request list.

Prefer to grab it now? Download the checklist (PDF)

Exam in the next 12 months? Let's look at where you stand.

Book a 20-minute call