The Federal Financial Institutions Examination Council (FFIEC) issued a frequently asked questions (FAQ) guide related to the Cybersecurity Assessment Tool (Assessment). This FAQ guide answers questions received by members of the FFIEC and clarifies not only points in the Assessment but supporting materials.

The FFIEC developed the Assessment in order to help financial institutions’ management determine their risk profile and the institutions’ inherent risks and cyber security readiness. This Assessment provides management and third-party service providers a repeatable and measurable process that they can use to measure their cybersecurity preparedness over time.

To view the FAQ guide, click here

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