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Watkins recognized that in order to fully benefit from the multi-dimensional aspect of the Tool, an Excel-based solution could be helpful. Therefore, we created and posted an Excel workbook that puts the FFIEC Cybersecurity Assessment Tool into action by tracking your responses and calculating inherent risk, cybersecurity maturity, and cross-plotting

The FFIEC Cybersecurity Assessment Tool builds upon the NIST Cybersecurity Framework creating a matrix of inherent business risk with Cybersecurity maturity of products and services. The Tool was published in PDF format. Watkins recognized that in order to fully benefit from the multi-dimensional aspect of the Tool, an Excel-based solution
Industry News
http://www.americanbanker.com/bankthink/its-anyones-guess-how-fincen-determines-fines-1079793-1.html *****Industry News from American Banker*****The Financial Crimes Enforcement Network determination of penalties is not transparent and there is limited public process to help the public learn about what Fincen is doing or why. This is in contrast to the OCC and other federal banking agencies.
http://www.ffiec.gov/cyberassessmenttool.htm *****Industry News from the FFIEC*****The Federal Financial Institutions Examination Council (FFIEC) developed the Cybersecurity Assessment Tool (Assessment) to help institutions identify their risks and determine their cybersecurity preparedness. The Assessment provides a repeatable and measurable process for financial institutions to measure their cybersecurity preparedness over time.
https://www.csbs.org/CyberSecurity/Documents/CSBS%20Cybersecurity%20101%20Resource%20Guide%20FINAL.pdf *****Industry News from the CSBC*****The Conference of State Bank Supervisors has issued a resource guide intended to help bank senior management understand and plan for improved cybersecurity, as “The number of cyber-attacks directed at financial institutions of all sizes is growing. Addressing this new threat requires a concerted effort
http://www.nist.gov/cyberframework/index.cfm *****Industry News from the NIST*****Information from NIST regarding the NIST Cybersecurity Framework. This website is continually updated and is a great source of cybersecurity governance information and tools.