Tuesday, December 2, 2014

FDIC: What to Expect in New Guidance

When the Federal Financial Institutions Examination Council releases new cybersecurity guidance, it will address specific types of cyber-attacks and threats, according to examination specialists from the Federal Deposit Insurance Corp., one of the FFIEC's regulatory agencies.

See Also: Threat Intelligence: Real-Time Breach Discovery

During a Nov. 20 community banking advisory committee meeting, members of the FDIC's Division of Risk said future IT examinations for banking institutions of all sizes will include reviews of specific cybersecurity initiatives, such as employee awareness and training, as well as software and operating system patching.