From: FierceGovernmentIT
By Dibya Sarkar
An assessment by a federal interagency regulatory group this summer found that the level of cybersecurity across more than 500 community financial institutions “varies significantly” and recommended that policies and procedures be updated to address risks and threats.
The Federal Financial Institutions Examination Council, or FFIEC, generally looked at the preparedness and ability among such institutions to mitigate their cyber risks and also presented questions that executives and boards should consider when measuring their readiness.
Leave a Reply