Tag archives: FFIEC

Federal Financial Institutions Examination Council issues Cybersecurity Assessment Tool to evaluate cybersecurity risks and preparedness

By on July 19, 2015 Posted in Regulatory response

On June 30, 2015, the Office of the Comptroller of Currency (“OCC”) announced that the Federal Financial Institutions Examination Council (“FFIEC”) issued a Cybersecurity Assessment Tool that would allow institutions to evaluate their risks and cybersecurity preparedness in OCC Bulletin 2015-31. … Continue reading

Cybersecurity Efforts Turn Focus to Financial Institutions, Technology Service Providers and “Cyber Resilience”

By Geraldine Young (US) on February 17, 2015 Posted in Vendor management and transactions

Data Protection Report - Norton Rose Fulbright

Financial institutions around the country recently received cybersecurity guidance in the form of a new appendix to the Federal Financial Institutions Examination Council’s (“FFIEC’s”) Business Continuity Planning Booklet, which is part of its Information Technology Examination Handbook. In the guidance, the FFIEC places the onus on financial institutions, their boards of directors, and senior management … Continue reading