Evaluate Cybersecurity Preparedness with Free Cybersecurity Assessment Tool from TraceSecurity

Cybersecurity Today

• The increase of cyber-attacks against financial institutions has brought discussions of cybersecurity into the executive suite and boardroom

• Cybersecurity is now a top priority and will continue to be, given the massive amounts of sensitive information financial institutions must store and protect

• Financial institutions need to have processes and documentation in place to plan for and respond to cyber-attacks

FFIEC Cybersecurity Assessment Tool

• In June 2015, the FFIEC created the Cybersecurity Assessment Tool to help financial institutions evaluate their overall cyber risk

• The tool is an extensive self-assessment questionnaire in PDF form

• Financial institutions are encouraged to continuously assess and monitor their cybersecurity preparedness using the tool

FFIEC Cybersecurity Assessment Tool (cont’d)

• The FFIEC does not currently require financial institutions to perform the Cybersecurity Assessment

• Use of the tool is highly encouraged by the FFIEC as it allows financial institutions to strengthen their cybersecurity program

• There are many indicators that suggest the Cybersecurity Assessment may align with future regulations

TraceSecurity Cybersecurity Assessment Tool

• To simplify implementation of the FFIEC Cybersecurity Assessment, TraceSecurity created a Cybersecurity Assessment Tool directly aligned with the FFIEC guidance

• The tool has a user-friendly interface and logical workflow to greatly reduce time and effort needed to complete the assessment

• If your financial institution would like to perform its own cybersecurity assessment, Click below to access our free tool

TraceSecurity Cybersecurity Assessment Services

• For those financial institutions seeking assistance with utilization of our Cybersecurity Assessment Tool, TraceSecurity offers two different services

– Cybersecurity Assessment Plus Service

– Cybersecurity Assessment Premium Service

• To learn more about each service, visit our website

Additional Resources

• Join us for a free webinar to learn how the TraceSecurity Cybersecurity Assessment Tool helps financial institutions evaluate their cybersecurity preparedness as prescribed by the FFIEC guidance

• Read TraceSecurity’s blog titled “Enhancing Risk Management: The Case for FFIEC Cybersecurity Assessments and IT Risk Assessments”

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