Federal Financial Institutions Examination Council issues new cyber-resilience guidelines. The new guidelines are likely the result of the FFEIC’s cybersecurity assessment program that was piloted at 500 community institutions last summer. Financial fraud expert Shirley Inscoe says banks and credit unions should be bracing for a more expanded IT examination process as a result of these new guidelines. Inscoe: All future exams, she predicts, will address cyber-Resilience in the form of examiners’ new guidance.”]
Source: https://www.cuinfosecurity.com/ffiec-issues-cyber-resilience-guidance-a-7893