April 14, 2016

The 2016 Cyber Insurance Purchaser's Guide has been published by FSSCC for organizations particularly small and medium-sized enterprises as a reference tool to use when considering the purchase of cyber insurance. It includes an overview of the cyber insurance market and identifies key questions that a perspective policyholder should ask itself, its broker or agent, and its insurer when considering the purchase of cyber insurance. 

For the past 15 years, FSSCC has played a leading role in collaborating
with the U.S. Government. We have many accomplishments to be proud of
and even more goals on the horizon we are working towards.

The Automated FFIEC Cybersecurity Assessment Tool, also known as "ACAT", provides all members of the financial services industry with an outline of the guidance and a means to collect and score their responses to the FFIEC CAT questions.

October 25, 2018

The Financial Services Sector Coordinating Council (FSSCC) released the new Cybersecurity Profile.

(UPDATE: The Cybersecurity Profile is now maintained, updated, and managed by the Cyber Risk Institute "CRI" and was last updated by CRI in November, 2020.)

The Profile provides a framework that integrates widely used standards and supervisory expectations to help guide financial institutions in developing and maintaining cybersecurity risk management programs.

The Profile is the result of two years’ work and collaboration among financial institutions, trade groups, and government agencies which was spearheaded by FSSCC, the American Bankers Association, Bank Policy Institute’s technology policy subdivision BITS, Futures Industry Association, Global Financial Markets Association (and its member associations of the Association for Financial Markets in Europe, the Asia Securities Industry & Financial Markets Association, and the Securities Industry and Financial Markets Association), and the Institute of International Bankers.

The profile was developed in response to a survey of chief information security officers from financial institutions that indicated nearly 40% of their time was spent on compliance and reconciling competing, duplicative, redundant, and inefficient cybersecurity supervisory examinations.

May 27, 2020

Today, the FSSCC released Financial Sector Return to Normal Operations Resource Guide for U.S. financial services firm’s decision makers to leverage as they determine how to safely return workers to offices and other facilities.