Hey everyone! I was reading up on banking cybersecurity and stumbled on something called the “FFIEC Cybersecurity Assessment Tool.” It looks like it’s a pretty big deal for banks and credit unions, but I’d never heard of it before!
Has anyone gone through this assessment process? How heavy is it in terms of paperwork and technical detail? Is it mostly a checklist, or do you have to provide lots of evidence for everything? Also, any tips for someone who doesn’t work at a bank but wants to understand the framework for their own company’s cyber risk?
Would love to hear how useful this tool is in real-world situations—like, does it actually help build better security, or is it more of a compliance checkbox? Any reference guides or walkthroughs you recommend to get started?
Thanks! Super interested to see what you all think.