The Retirement of the Cybersecurity Assessment Tool (CAT)
“The retirement of the Cybersecurity Assessment Tool (CAT) marks a major change in how community banks manage cybersecurity risks. While it may be disruptive, this transition offers an opportunity to strengthen cybersecurity programs by adopting more comprehensive frameworks, such as the National Institute of Standards and Technology’s Cybersecurity Framework (NIST CSF 2.0), better preparing banks […]
“The retirement of the Cybersecurity Assessment Tool (CAT) marks a major change in how community banks manage cybersecurity risks. While it may be disruptive, this transition offers an opportunity to strengthen cybersecurity programs by adopting more comprehensive frameworks, such as the National Institute of Standards and Technology’s Cybersecurity Framework (NIST CSF 2.0), better preparing banks for evolving threats and regulatory demands.” – Raj Patel, FinCyberTech
Download our FEIC Cat Tool Transition Guide
