by Catherine Bruder, Shareholder, Doeren Mayhew

In response to the evolving cybersecurity landscape of financial institutions, the Federal Financial Institutions Examination Council (FFIEC) has released its new cybersecurity assessment tool.

Financial institutions of all asset sizes are expected to use the assessment tool and it’s supporting documents to assess their cybersecurity risk and preparedness. The assessment tool maps to the National Institute of Standards and Technology’s (NIST) Cybersecurity Framework and the FFIEC Information Technology Examination Handbook. Complementing the new tool is an array of supporting documents, including:

  • User’s guide
  • Inherent risk profile tool
  • Cybersecurity maturity guide
  • Presentation on using the tool
  • Overview for chief executive officers and board of directors

If you have questions about the new cybersecurity assessment tool or would like assistance performing your assessment while maximizing your benefits, please contact Doeren Mayhew’s information technology specialists in Michigan, Houston and Ft. Lauderdale.

Catherine Bruder is a Shareholder in Doeren Mayhew’s Financial Institution Group and Practice Leader of the firm’s Information Technology Assurance Group and can be reached at 248.320.3434 or via email at