Farewell, CAT: FFIEC Cybersecurity Tool Will Sunset This August
Banks’ Replacement Options for the FFIEC CAT Since 2015, the FFIEC CAT has helped financial institutions assess cybersecurity risks and maturity levels. However, the FFIEC recently announced that the CAT will sunset on August 31, 2025. Now, banks must determine the best alternative to ensure continued compliance and security. The FDIC’s official announcement encourages institutions…
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