FFIEC Cybersecurity Assessment Tool - In-Person
Enhance your expertise in financial institution cybersecurity with the FFIEC Cybersecurity Assessment Tool - In-Person CPE Training. Designed for internal auditors, compliance professionals, and audit managers, this 16-hour comprehensive training equips participants with the skills and knowledge to effectively assess and enhance their organization’s cybersecurity risk management maturity. By attending, you’ll earn 16 Continuing Professional Education (CPE) credits while mastering FFIEC CAT concepts and improving your institution’s cybersecurity posture.
Why Attend?
Earn 16 NASBA-Approved CPE Credits
Satisfy your CPE requirements while gaining critical insights into cybersecurity compliance using the diagnostic FFIEC CAT framework.
Master Cybersecurity Risk Management Principles
Understand the key components of the FFIEC Cybersecurity Assessment Tool (CAT), including identifying inherent risks and evaluating program maturity.
Enhance Audit and Compliance Practices
Learn how to leverage the FFIEC CAT to evaluate your institution’s cybersecurity preparedness and effectively communicate results to senior management.
Hands-On, Expert-Driven Training
Develop actionable strategies for improving your financial institution’s cybersecurity maturity in a collaborative, in-person learning environment.
Course Highlights
This in-depth training provides participants with the tools to implement FFIEC CAT in their organization, covering essential concepts such as risk assessment and program maturity evaluation.
Key course highlights include:
- Understanding the FFIEC Assessment Framework: Learn to identify inherent risks and assess cybersecurity maturity levels.
- Evaluating Cybersecurity Maturity Categories: Explore risk levels, inherent risk categories, and detailed maturity assessment criteria.
- Using the FFIEC CAT Diagnostic Testing Tool: Develop proficiency in interpreting results, identifying gaps, and recommending improvements.
- Analyzing Internal Control Preparedness: Gain knowledge to evaluate the alignment of inherent risks with cybersecurity controls.
- Reporting and Continuous Improvement: Master the process of presenting findings and implementing continuous improvements within the cybersecurity framework.
Learning Objectives
During the course, participants will:
- Understand FFIEC CAT Priorities: Grasp the role and objectives of the tool within cybersecurity compliance frameworks.
- Perform Cybersecurity Assessments: Learn how to evaluate inherent risk levels and analyze maturity categories, including governance, external threats, and access control.
- Strengthen Audit Skills: Develop confidence in assessing financial institutions' cybersecurity practices against industry standards.
- Implement Risk Profiles: Use effective tools for identifying and mitigating inherent risks in alignment with FFIEC guidance.
- Enhance Reporting Practices: Interpret and present assessment results that support management decision-making and continuous improvement.
Key Agenda Topics
The training’s comprehensive structure ensures participants leave with actionable intelligence. Topics include:
- Introduction to the FFIEC Cybersecurity Assessment Tool: Overview of its importance, goals, and structure.
- Building an Effective Risk Profile: Techniques for understanding and categorizing inherent cybersecurity risks.
- Assessing Cybersecurity Maturity Levels: Learn the various stages of maturity and their implications.
- Interpreting Results: Analyze alignment between risk levels and the organization’s cybersecurity maturity.
- Closing Gaps and Reporting Findings: Develop strategies to address control limitations and communicate action steps effectively.
Event Details
Discover the benefits of face-to-face instruction in a collaborative learning environment that fosters growth and interaction with experts and peers.
- Format: Group-live in-person sessions.
- Schedule:
- Day 1 - 9 a.m.–5 p.m.
- Day 2 - 9 a.m.–5 p.m.
- Cost: $1,440 per attendee.
- Custom Training: Private in-person sessions available for groups of three or more attendees.
Who Should Attend?
This training is ideal for professionals responsible for advancing their institution’s cybersecurity capabilities, particularly:
- Internal Auditors and Audit Managers looking to deepen their knowledge of FFIEC cybersecurity compliance.
- Compliance Professionals aiming to align institutional practices with regulatory cybersecurity standards.
- Risk Management Consultants seeking to optimize financial institutions' cybersecurity assessments.
Why FFIEC Cybersecurity Compliance Matters
Digital threats evolve rapidly, making comprehensive risk assessment programs critical for financial institutions. The Federal Financial Institutions Examination Council (FFIEC) developed the CAT to help organizations measure risk and determine their cybersecurity program's maturity.
Mastering the FFIEC CAT enables compliance professionals and auditors to identify vulnerabilities and align cybersecurity practices with regulatory expectations, ensuring the safety of financial systems and data integrity.
Register Today
Take control of your institution’s cybersecurity readiness with this FFIEC Cybersecurity Assessment Tool - In-Person CPE Training. Gain the knowledge, tools, and skills you need to ensure regulatory compliance, drive continuous improvement, and strengthen your role as a leader in cybersecurity risk management.
Sign up now to secure your place and take the next step in advancing your cybersecurity expertise!
Details on Event Presentation
The sessions will be as follows:
Tuesday – 9:00 a.m. to 5:00 p.m.
Wednesday - 9:00 a.m. to 5:00 p.m.
We can schedule private virtual events on your timetable for three or more attendees.
NASBA Program Disclosure
Program Level of Understanding: Intermediate
Prerequisites: None
Advance Preparation: Review Cybersecurity Assessment Tool
Delivery Format: Group Internet Based
NASBA Field(s) of Study: Auditing, Business Management & Organization, Information Technology
CPE Credits: 16, based on 50 minutes of instruction per hour
CPE Event Highlights
This course covers use of FFIEC Cybersecurity Assessment Tool to provide the internal auditor with a repeatable set of criteria with a maturity model measurement process for their cybersecurity program.
Using this bank audit program can allow for information to be passed to banking management of the inherent risks compared to the existing cybersecurity internal control preparedness.
This CPE training event will position the audit leader to use FFIEC Cybersecurity Assessment Tool as the criteria for completing a review of the current state of a bank's cybersecurity program.
Learning Objectives
What you will learn:
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Understanding the FFIEC Cybersecurity Assessment Tool guidance.
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Learn about FFIEC Cybersecurity Assessment Tool Priorities
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Understand FFIEC Cybersecurity Assessment Tool Inherent Risk Profile Assessment Categories
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Understand FFIEC Risk Levels
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Learn about Inherent Risk Categories and Ratings
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Understand in detail the FFIEC Cybersecurity Assessment Tool Maturity Assessment Category
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Key Issues on the Agenda
Section 1 - Contents of the FFIEC CAT
Section 2 - The FFIEC Assessment
Section 3 - Develop an Inherent Risk Assessment Profile
Section 4 - Assess the Maturity Level of Cybersecurity Program Components
Section 5 - Interpret and Analysis Assessment Results
Section 6 - Report the Results
Section 7 - Summary and Going ForwardSummary of the Subject Matter
The FFIEC Cybersecurity Assessment Tool (FFIEC CAT) is a comprehensive training event offered by CCS that covers the fundamentals of FFIEC cybersecurity compliance. The in-person or webinar course provides a comprehensive overview of the FFIEC Cybersecurity Assessment Tool, including how to perform an FFIEC audit and the different types of audits involved in the process of cybersecurity assessment.
This training is suitable for internal auditors, audit managers, and other compliance professionals, including those involved in bank compliance, internal control auditing, and auditing services.
The FFIEC Cybersecurity Assessment Tool is a framework developed by the Federal Financial Institutions Examination Council (FFIEC) to help financial institutions assess their cybersecurity risk posture and determine their level of preparedness against potential cyber threats.
The tool consists of a series of questions and scenarios that address various aspects of an organization's cybersecurity risk management program, such as governance, threat intelligence, incident management, and access controls. The answers to these questions provide insight into the maturity and effectiveness of the organization's cybersecurity risk management practices and help identify areas that need improvement.
The FFIEC tool is designed to be flexible and scalable, allowing organizations of different sizes and complexities to use it effectively. By using the FFIEC Cybersecurity Assessment Tool, organizations can gain a comprehensive understanding of their cybersecurity risk posture and take the necessary steps to reduce their exposure to cyber threats.
The FFIEC training covers the key components of the FFIEC CAT tool, which is designed to assist financial institutions in performing cybersecurity risk assessments. Participants will learn about the audit process and it is considers the auditing standards set by the Institute of Internal Auditors (IIA).
This training is essential for those seeking to understand the complexities of FFIEC cybersecurity compliance. This was done in the form of bank compliance webinars and internal audit training. The course covers topics such as what an internal audit is, audit planning, audit compliance, and evaluating the maturity level of management control in auditing. It also provides a comprehensive understanding of the FFIEC audit process.
Overall, the FFIEC Cybersecurity Assessment Tool training provides a comprehensive overview of the FFIEC CAT tool, the audit process, and meeting the standards set by the IIA. It is a must-attend event for those seeking to enhance their skills in cyber security assessment, bank compliance and internal audit performance, and it provides participants with a solid foundation in audit compliance and internal control in auditing a bank’s cyber security controls framework.