Tandem's Enhanced Cybersecurity Assessment Tool Supports New Frameworks for Financial Institutions

Tandem's Cybersecurity Assessment Software Updates



Tandem has recently launched a significant update to its Cybersecurity Assessment online software, crucially timed following the FFIEC's announcement about the cessation of its Cybersecurity Assessment Tool (CAT). This new version enables financial institutions to adapt to multiple cybersecurity frameworks, ensuring they remain compliant and secure in an evolving digital landscape.

Context and Importance of the Update



As of August 31, 2025, the FFIEC will remove the CAT from their resources. This major shift has left financial institutions seeking guidance on what frameworks to follow next for self-assessment of their cybersecurity preparedness. Acknowledging this urgent need, Tandem's team of developers pivoted swiftly to enhance their existing software, thereby giving users effective alternatives to the soon-to-be obsolete CAT.

Brady Cook, Tandem's General Manager, emphasized the company's commitment to listening to both federal guidance and client needs. The updated software not only supports the requirements of regulated entities but also provides actionable insights to strengthen overall cybersecurity practices.

Key Features of the Update



The upgraded Tandem Cybersecurity Assessment allows users to utilize well-known frameworks such as:
  • - NIST Cybersecurity Framework (CSF)
  • - CISA Cybersecurity Performance Goals (CPGs)
  • - NCUA Information Security Examination (ISE)
  • - Payment Card Industry Data Security Standard (PCI DSS)

Users can easily transition from the CAT using provided templates and import options. The interface remains user-friendly, maintaining familiar functionalities for existing Tandem customers, including:
  • - Snapshot Views: Get an overview of the entire assessment process.
  • - Maturity Measurement: Evaluate current cybersecurity controls’ effectiveness.
  • - Collaboration: Features like commenting, attachment uploads, and responsibility assignments enhance teamwork.
  • - Custom Reporting: Generate tailored reports that meet specific organizational needs.
  • - Peer Analytics: Compare cybersecurity performance with peers for benchmarking.

Importantly, Tandem is offering this product for free, with options to upgrade to a professional version that includes additional features for advanced needs.

About Tandem



Tandem LLC, a subsidiary of CoNetrix, specializes in developing Software as a Service (SaaS) applications for managing information security programs and ensuring compliance with governance, risk, and compliance (GRC) standards. Trusted for over a decade, Tandem has proven itself as a valuable partner for banks and various organizations prioritizing cybersecurity. With innovative solutions and extensive support, Tandem aims to empower institutions in facing the challenges posed by increasingly sophisticated threats and regulatory changes. To learn more about Tandem Cybersecurity Assessment, visit Tandem's website.

By advancing their Cybersecurity Assessment tool, Tandem positions itself as a leader in the sector, addressing not just current compliance needs, but also future-proofing institutions against evolving cyber threats.

Topics Consumer Technology)

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