Use an FFIEC Security Assessment Tool to Mitigate Cybersecurity Risks at Your Credit Union
The National Credit Union Association (NCUA) is a federal agency that was created to regulate and supervise federal credit unions. The NCUA requires credit unions to maintain compliance with FFIEC standards by taking the appropriate steps to mitigate cybersecurity risks in accordance with the Electric Code of Federal Regulations e-CFR §748 and the Federal Financial Institutions Examination Council (FFIEC) Examination Handbook. Credit unions may choose their desirable framework for individual assessments; however, NCUA examiners follow the FFIEC NIST-based Cybersecurity Assessment approach to ensure credit union compliance.
This approach utilizes an FFIEC security assessment tool that is aligned with NCUA and FFIEC cybersecurity guidelines. DirectDefense helps identify gaps between your organization’s current FFIEC compliance program and the guidelines.
Our FFIEC compliance services include:
- Assistance in the development of a remediation plan
- Reporting on your organization’s compliance with the NCUA and FFIEC security mandate
- Training your team on using the FFIEC security assessment tool for internal assessments to ensure compliance with FFIEC standards
Keep your organization safe with comprehensive FFIEC compliance from DirectDefense.