CYBER RESOURCES 

"Modern banking increasingly relies upon technology and the internet to manage and streamline business
operations. With increased dependence on technology comes an increased risk of security threats."

Cyber Resilience

Texas Banks Score Well in First Cyber Benchmark Study

TBA Initiative Helps Banks Gauge Cyber Resilience

AUSTIN, TX – October 2019 –The overall state of cyber resilience in Texas banks is strong, with most banks conducting programs to ensure that they meet or beat the minimum requirements for cybersecurity audits by federal agencies. The risk profile of the Texas banks is relatively low and very well managed by relying heavily on well-established and secure third-party providers.

Those conclusions were drawn from the first-of-its-kind cybersecurity benchmark study of a state’s banking system. The study was recently conducted by the Texas Bankers Association (TBA) and Cybernance Corporation, a private cybersecurity firm. The TBA executives engaged Cybernance to devise and implement an assessment of the cybersecurity resilience and maturity of the statewide banking system.

Tools available:
FFIEC Cat: https://www.ffiec.gov/pdf/cybersecurity/FFIEC_CAT_May_2017.pdf
FSSCC Profile: https://fsscc.org/Financial-Sector-Cybersecurity-Profile
CIS: https://fsscc.org/Financial-Sector-Cybersecurity-Profile

Center for Internet Security

The Center for Internet Security harnesses the power of a global IT community to safeguard public and private organizations against cyber threats. The site contains such valuable information as:

2020 MS-ISAC Toolkit

Best Practices

Cyber Security Threats

2019 Incident Response Playbook

Texas Incident Response PlaybookTBA, along with the Financial Services Information Sharing and Analysis Center, the American Bankers Association and the ABA-State Association Alliance, have developed an all-hazards state and regional crisis Incident Response Playbook. It includes information on what to do before, during and following a cyber incident.

Texas Department of Banking Ransomware Tools

Ransomware Self-Assessment Tool (R-SAT)

Overview of Ransomware Preparedness