Description: The FFIEC Cybersecurity Assessment process is here to stay. At a minimum, most regulators are requiring financial institutions to complete an assessment on an annual basis. This process includes a review of an institutions Inherent Risk Level, identification of currently implemented controls to reduce risk, and a gap analysis to identify additional controls needed to reach the institutions desired risk appetite.
Over 1000 financial institutions have completed their Cybersecurity Assessment using our complementary assessment solution. SBS has analyzed the results and identified the top 10 most common controls not implemented by financial institutions. Some of these are baseline maturity level controls which financial institution MUST complete regardless of their inherent risk score.
This session reviews these 10 controls, as well as practical solutions your institution can use to implement these controls. We will also discuss the next-steps beyond the assessment to provide a comprehensive cybersecurity framework which institutions can repeatedly follow.
This webinar is done in partnership with TTS.
SBS Presenter: Chad Knutson - President, SBS Institute
Date: Thursday, May 4
Time: 10:00 am - 12:00 pm CT
SBS Can Help!
Automate your FFIEC cybersecurity assessment with Cyber-RISK™. This web-based software is based directly on FFIEC recommendations, but goes beyond a simple spreadsheet. Cyber-RISK is offered free of charge to any financial institution looking to efficiently complete their cybersecurity assessment.
Hacker Hour webinars are a series of free webinars hosted by SBS CyberSecurity. Unlike paid webinars, Hacker Hours are aimed to meet on a monthly basis to discuss cybersecurity issues and trends in an open format. Attendees are encouraged to join the conversation and get their questions answered. SBS will also offer products and services to help financial institutions with these specific issues.