FFIEC Update to Cybersecurity Assessment Tool

Man touching shield with lockThis week, the Federal Financial Institutions Examination Council (FFIEC) updated its Cybersecurity Assessment Tool to help financial organizations improve their cybersecurity preparedness and identify risks.

There are two key updates:

  • Revisions to Appendix A, which provides guidance for mapping baseline statements to the FFIEC IT Examination Handbook. The changes correspond to the latest versions of the handbook booklets.
  • Additional response options that allow financial institution management to include supplementary or complementary behaviors, practices and processes that represent the institution’s current cybersecurity activity assessment practices.
To read more about the update, click here

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