The FFIEC Cybersecurity Assessment Tool: Measuring and Interpreting Risks
To help financial institutions assess their cybersecurity preparedness and identify their risks, the Federal Financial Institutions Examination Council (FFIEC) released its Cybersecurity Assessment Tool (CAT) in June 2015. The CAT consists of two parts: the Inherent Risk Profile and the Cybersecurity Maturity. Through the CAT, companies can determine the suitability of maturity levels with their cyber risks, enabling them to take necessary action.
The assessment tool is a complement to, not a replacement for, the company’s cybersecurity program and risk management process. While it was designed for self-assessment, financial institutions still need experienced guidance in undertaking these assessments.
The Knowledge Group has assembled a panel of key thought leaders and professionals to provide the audience with an in-depth analysis and understanding of the FFIEC Cybersecurity Assessment Tool and will provide expert insights on how to maximize its benefits.
Key topics include:
- The CAT – An Overview
- Cybersecurity Trends and Developments
- CAT Implementation Challenges
- The Need for Experienced Guidance
- Maximizing CAT Benefits