NCUA webinar July 29 eyes FFIEC cybersecurity assessment tool

NCUA will host a free webinar, “An Introduction to the New Cybersecurity Assessment Tool for Credit Unions,” at 2 p.m. Eastern July 29 featuring an overview of the recent cybersecurity assessment tool put out by the Federal Financial Institutions Examination Council.The FFIEC’s cybersecurity assessment tool is designed to help financial institutions identify cybersecurity risks and judge preparedness. FFIEC members will update the assessment tool as new threats and vulnerabilities emerge. The FFIEC includes representatives from the NCUA, Federal Reserve Board, FDIC, the Office of the Comptroller of the Currency, CFPB and the State Liaison Committee.Segerson and Truett will discuss the background of the assessment tool and its function from the agency’s viewpoint, how the NCUA plans to implement the tool and ways credit unions can use it.
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