If your business is a federally supervised financial institution or is related to a federally supervised institution in some way (a subsidiary or holding company), you will need to comply with Federal Financial Institutions Examination Council (FFIEC) guidelines. The FFIEC makes recommendations to promote uniformity for all financial institutions. The FFIEC works with these five federal agencies: 

  • Board of Governors of the Federal Reserve System 
  • National Credit Union Administration 
  • Office of Thrift Supervision 
  • Federal Deposit Insurance Corporation 
  • Office of the Comptroller of the Currency 
  • State Liaison Committee

    * Not all of these regulatory organizations will audit your company, only those relevant to your financial institution type.   

Your business must maintain these 11 areas or risk fines for non-compliance: 

  1. Business Continuity Planning 
  2. Development and Acquisition 
  3. Electronic Banking 
  4. Information Security 
  5. IT Audit 
  6. IT Management 
  7. Operations 
  8. Outsourcing Technology Services 
  9. Retail Payment Systems 
  10. Supervision of Technology Service Providers 
  11. Wholesale Payment Systems  

FFIEC cybersecurity guidelines get updated frequently and can become complicated because threats are always changing. If your business does not have the in-house resources to address all 11 areas laid out by the FFIEC, we can help. Avoid financial penalties and let our experienced compliance team will partner with you to bring your policies, procedures, and systems into compliance with the FFIEC.  

Fill out this online form to find out how your business can stay compliant with FFIEC requirements. 


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