The Wire

INSIGHTS FOR FINANCIAL INSTITUTIONS

March 31, 2015

CONNECT

Director of Financial Institutions
Gary Smith
888.777.2015
 
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If you have questions, Please contact your Eide Bailly professional or

Eide Bailly Financial Institutions at 888.777.2015 or fi@eidebailly.com.

FFIEC Provides Guidance on Cyberattacks

 

FFIEC Releases Two Statements on Compromised Credentials and Destructive Malware

 

The Federal Financial Institutions Examination Council (FFIEC) has released two statements about ways that financial institutions can identify and mitigate cyberattacks that compromise user credentials or use destructive software, known as malware. In addition, the FFIEC provided information on what institutions can do to prepare for and respond to these threats.

 

Click here for the FFIEC guidance and the latest information on cyberattacks. 

 

Further materials regarding cyber risk management and how to protect your financial institution can be found in our February 2015 and upcoming April 2015 issues of Possibilities for Financial Institutions, available for download here.

 

For further information, please contact your local Eide Bailly professional.

This publication is produced and published by Eide Bailly and distributed with the understanding that the information contained does not constitute legal, accounting or other professional advice. It is not intended to be responsive to any individual situation or concerns as the contents of the publication are intended for general informational purposes only. Readers are urged not to act upon the information contained in this publication without first consulting competent legal, accounting or other professional advice regarding implications of a particular factual situation. Questions and information for publication can be submitted to your Eide Bailly representative. To request reprints of this publication, send a written request to RequestReprints@eidebailly.com. Copyright Eide Bailly 2015.