The Feds have issued a new set of requirements to ensure security in the U.S. for the next year. The requirements include the ability to detect and respond to an issue of fraud. The new requirements are required to be met by the end of the first year of each year. This year, the Feds say they will need to be prepared to meet the new requirements to make sure they are meeting the requirements for the best security measures in the country’s financial system. They say they are prepared to work around the world to meet these requirements.”]
Source: https://www.cuinfosecurity.com/ffiec-guidance-exams-have-begun-a-4579