In 2015, the Federal Financial Institutions Examination Council (FFIEC) developed the Cybersecurity Assessment Tool (CAT Assessment) to help institutions identify their risks and determine their cybersecurity preparedness with this self-assessment.
In 2017, the Credit Union National Association (CUNA) released the Automated Cybersecurity Examination Tool (ACET) to mirror the FFIEC’s CAT. Just like the FFIEC’s Tool, ACET IT assessments consists of two parts: the Inherent Risk Profile and the Cybersecurity Maturity level.
These assessments were intended to provide repeatable and measurable processes for financial institutions to measure their cybersecurity preparedness. However, completing these assessments can be challenging and time-consuming, especially when conducting them for the first time.
Our experience with these assessments, paired with our innovative technology, the Rivial Team is able to efficiently and effectively assist you with putting a plan in place to reach the Cyber Maturity Goal that will not only meet regulation but will also fit your risk profile and security objectives.