FFIEC Issues a Revealing Cybersecurity Assessment Tool FAQ

Questions from vendor management to mitigating controls covered in the new document.

An article review.



The FFIEC released a document earlier this month covering some of the most frequently asked questions surrounding the Cybersecurity Assessment Tool (CAT), and it’s certainly worth taking a look at as many of their answers are eye-opening!

Many have wondered how to account for mitigating controls when using the CAT, for example, and the document addresses that by saying that since the CAT is voluntary, organizations may customize it as they see fit–including “identifying various methods for accounting for compensating controls.”

The FAQ also covers vendor management, explaining that as its use is voluntary organizations are free to use the CAT can be used as part of their vendor management program. Finally, the FFIEC promises to provide updated iterations of the tool as time–and threats–progress.

You can check out the FFIEC’s Cybersecurity Assessment Tool FAQ for yourself here.




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