http://www.bankinfosecurity.com/ffiec-cybersecurity-assessments-begin-a-6988
By Jeffrey Roman
Bank Info Security
June 24, 2014
The Federal Financial Institutions Examination Council has started its
cybersecurity assessment pilot program, which will examine more than 500
community banking institutions. Plus, the council has launched a Web page
dedicated to cybersecurity information.
The pilot program is slated to run through July, says Stephanie Collins,
spokesperson for the Office of the Comptroller of the Currency.
The aim of the pilot program is to help smaller banking institutions
address potential security gaps. The assessments will be conducted by
state and federal regulators during regularly scheduled examinations, the
FFIEC says.
"Information from the pilot effort will assist regulators in assessing how
community financial institutions manage cybersecurity and their
preparedness to mitigate increasing cyber risks," the council says.
[...]
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