Ask the Experts: Get Reliable Answers to Your Risk Management Questions on ComplianceGuru.com
We are excited to announce the relaunch of ComplianceGuru.com. For over a decade, Safe Systems’ Compliance Guru site has been a trusted resource for community banks and credit unions providing essential insights on regulatory trends and compliance best practices.
We’ve reimagined it to be more interactive, allowing you to ask questions directly to our FFIEC risk and compliance experts, addressing risk management topics and concerns most relevant to your institution. You can also learn what your banking peers are concerned about and leverage the advice from our team to strengthen your security posture.
Since launching the new site, our Gurus have answered questions about Ransomware Self-Assessment Tool (RSAT) 2.0, NIST Cybersecurity Framework (CSF) 2.0, and work area security.
Here is a sample of what they’re saying about these important topics:
RSAT 2.0: A Proactive Approach to Ransomware Threats
Financial institutions are increasingly targeted by sophisticated ransomware attacks. To mitigate these risks, the RSAT (Ransomware Self-Assessment Tool) was developed to support banks and credit unions in their cybersecurity efforts. Originally released in October 2020, this tool was a collaborative initiative by the CSBS (Conference of State Bank Supervisors), the BECTF (Bank Electronic Crimes Task Force), and the U.S. Secret Service.
The updated version, RSAT 2.0, released in October 2023 was designed to address emerging ransomware attack vectors.
Some key questions surrounding RSAT 2.0 that financial institutions have been asking:
- Are financial institutions required to complete RSAT 2.0?
- Who should be involved in completing this self-assessment tool?
- How does RSAT 2.0 differ from its predecessor?
NIST CSF 2.0: Modernizing Cybersecurity Frameworks
The National Institute of Standards and Technology (NIST) Cybersecurity Framework (CSF) is a foundational guideline for improving the security and resilience of critical infrastructure. It provides a structured approach for assessing your institution’s security posture across five components: Identify, Protect, Detect, Respond, and Recover. NIST CSF 2.0 represents the latest iteration, incorporating lessons learned and adding a sixth component, Governance.
Here are some important questions you and other institutions may be asking about CSF 2.0:
- How can CSF 2.0 address current cybersecurity challenges?
- What resources are available to implement CSF 2.0?
- How can CSF 2.0 be integrated into your institution’s existing risk management framework?
Compliance Guru offers reliable and informed answers to these and other IT, cybersecurity, and information security challenges. It is an invaluable resource offering guidance and tools to help community banks and credit unions like yours enhance cyber resilience.
We invite you to subscribe to this new platform to stay informed and discover best practices that better position your institution to protect customer data and ensure compliance with important federal and state regulatory guidance.
And by the way, we’re offering a limited number of $50 gift cards* to valid U.S. financial institutions that submit risk management questions on ComplianceGuru.com. So, submit your questions today!
* Contest Rules
To qualify for the $50 gift card, your financial institution must be a valid U.S. financial institution that submits a question on ComplianceGuru.com. Questions must be relevant to risk management topics, including but not limited to IT, cybersecurity, information security, and third-party.