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Why the FFIEC CAT Isn’t Your Risk Assessment—And What To Do Instead
With the upcoming sunset of the FFIEC Cybersecurity Assessment Tool (CAT) in less than three months, community banks are beginning to get nervous...
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With the upcoming sunset of the FFIEC Cybersecurity Assessment Tool (CAT) in less than three months, community banks are beginning to get nervous...
4 min read
Introduction As most bankers know by now, the FFIEC Cybersecurity Assessment Tool (CAT), first released in 2015, will officially sunset on August 31,...
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“2024 was rough; why should 2025 be any different?” This is the mantra heard in many community banks and credit unions as they brace for the next...
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In late August, the FFIEC announced that they would sunset the Cybersecurity Assessment Tool (the “CAT”) on August 31, 2025. It had been apparent for...
1 min read
Cybersecurity Awareness Month1 is an annual campaign held in October to promote awareness about the importance of cybersecurity and encourage...
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It is a good practice to identify a cybersecurity framework as part of an institution’s Information Security Program. A framework helps to identify...