The Federal Financial Institutions Examination Council (“FFIEC”) recently launched a new cybersecurity website, effectively creating another valuable resource for financial institutions when it comes to addressing cybersecurity matters. Although less well known than Federal agencies with direct oversight and regulatory authority the FFIEC “is a formal interagency body empowered to prescribe uniform principles, standards, and […]
Tag: FFEIC
Upcoming Webinar on FFIEC Social Media Compliance
Richard Santalesa, will be conducting an upcoming webinar in connection with MetricStream, discussing the Federal Financial Institutions Examination Council’s (“FFIEC”) proposed recent social media guidance (see FFIEC Social Media Guidance Public Comment Revelations). Date to be announced in the near future.
FFIEC Social Media Guidance Public Comment Revelations
Earlier this year on January 22, the Federal Financial Institutions Examination Council (“FFIEC”), released for public comment proposed social media-related recommendations for financial institutions entitled, Social Media: Consumer Compliance Risk Management Guidance (the “Guidance”) which, according to the FFIEC, was designed to set the foundation for, in final form, “supervisory guidance” to the institutions the […]