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FFIEC CAT vs FSSCC Profile – WST

2018-12-13T18:08:06+00:00

December 13, 2018 FFIEC CAT vs FSSCC Profile - WST In 2015, the FFIEC developed the Cybersecurity Assessment Tool (CAT) (https://www.ffiec.gov/cyberassessmenttool.htm) to “help institutions identify their risks and determine their cybersecurity preparedness. The tool provides a repeatable and measurable process for financial institutions to measure their cybersecurity preparedness over time.”  Regulatory agencies widely support and accept the CAT as examiners are expecting you to complete it annually. However, anyone who has completed the CAT knows that the process can feel overwhelming with the large number of questions, particularly for smaller banks. In October 2018, the Financial Services [...]

FFIEC CAT vs FSSCC Profile – WST2018-12-13T18:08:06+00:00