Category FFIECCAT

FFIEC Presents FAQs on Cybersecurity Assessment Tool

As financial institutions grapple with data security and risk management issues, the Federal Financial Institutions Examinations Council’s (“FFIEC”) Cybersecuity Assessment Tool (“CAT”) has become an important component of monitoring cybersecurity risk. However, the CAT is largely presented as a series of tables, risk levels, and statements that understandably give rise to questions. Now, the FFIEC […]