Most Montana businesses don’t think of compliance as a competitive edge. It’s more often seen as a necessary burden. A list of boxes to check. A security measure you hope will pass inspection if an auditor comes knocking. And sure, that mindset can keep you out...
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Risk Management
FFIEC Retires Cybersecurity Assessment Tool, What It Means for Montana Banks and Credit Unions
Montana’s financial institutions, both banks and credit unions, have long relied on the FFIEC’s Cybersecurity Assessment Tool (CAT) as a voluntary framework for assessing cyber risk. But change is on the horizon. On August 31, 2025, the Federal Financial Institutions...