The launch of this Web page coincides with a pilot program at more than 500 community institutions, to be conducted by state and federal regulators, which will be completed during regularly scheduled examinations. Information from the pilot effort will assist regulators in assessing how community financial insitutions manage cybersecurity and their preparedness to mitigate increasing cyber risks. Regulators are particularly focusing on risk management and oversight, threat intelligence and collaboration, cybersecurity controls, service provider and vendor risk management, and cyber incident management and resilience. Another aim of the pilot is to help regulators make risk-informed decisions to enhance the effectiveness of supervisory programs, guidance, and examiner training.
FFIEC: FFIEC Launches Cybersecurity Web Page and Commences Cybersecurity Assessment, Press Release (6/24/14)
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