Links in “FFIEC”
- FFIEC Issues Two Statements Regarding Compromised Credentials and Malware
The FFIEC has issued two statements with guidance on how financial institutions can identify cyber attacks that compromise credentials and employ malware. The statements  provide specific steps that can be taken to update IT systems in order to enhance internal cyber security. [3/31/15]
- Exam Fairness Bill Reintroduced in the Senate
A bill reintroduced in the Senate this week would require that financial institutions be provided with the information used by examiners as the basis for their exam decisions, and would create an ombudsman position at the FFIEC to whom financial institutions could voice examination issues. [3/19/15]
- FFIEC Building Cybersecurity Self-Assessment Tool
The FFIEC has announced that it is developing a cybersecurity self-assessment tool that will allow financial institutions to identify their cybersecurity risks and help them assess their ability to manage those risks. The tool builds on the results of a pilot program conducted at 500 financial institutions and is scheduled to be released next year. [3/18/15]
- The Hottest of Hot in Cyber Security
Find out what the FFIEC considers to be the top priorities for the rest of 2015 in regards to cyber security. Spoiler: the release of a risk assessment tool tops the list! [3/18/15]
- Regulators Issue New Appendix to BCP Booklet
If your vendors aren't ready for the next disaster, then neither are you. The Federal Financial Institutions Enforcement Council (FFIEC) has issued a new Appendix J to its Business Continuity Planning Booklet. The new appendix, entitled Strengthening the Resilience of Outsourced Technology Services, emphasizes the critical need for an effective third-party management program. [2/9/15]
- Regulators Issue New Appendix to BCP Booklet
If your vendors aren't ready for the next disaster, then neither are you. The Federal Financial Institutions Enforcement Council (FFIEC) has issued a new Appendix J to its Business Continuity Planning Booklet. The new appendix, entitled Strengthening the Resilience of Outsourced Technology Services, emphasizes the critical need for an effective third-party management program. [2/9/15]
- FFIEC Provides New Appendix
The FFIEC released a new appendix, Appendix J, to the Business Continuity Planning Booklet. This appendix mainly focuses on third-party risk management. [2/9/15]
- Flexing Student Loan Payments
The FFIEC members issued guidance for financial institutions on private student loans with graduated repayment terms at origination in an effort to recognize challenges for many in today's competitive job market that places heightened financial strain on graduates looking to repay student loans. Notwithstanding, the FFIEC members continue to champion prudent underwriting and education on features of loan terms. [1/30/15]
- HMDA Guide Updated for 2015
The FFIEC has released an updated version of its Guide to HMDA Reporting: Getting it Right that includes the new 2015 asset threshold and the information guide letter issued by the CFPB. [1/5/15]
- Risk Watch 42: The New BSA/AML Examination Manual
Itâs been nearly half a decade since the FFIEC and FinCEN have released a new update of the BSA/AML Examination Manual. In this video, AffirmXâs senior analyst, Coppelia Padgett, provides an overview of critical changes. [12/19/14]
