Supernal Software New Cybersecurity Assessment Software Tracks Loopholes in Security Framework

By CIOReview | Wednesday, January 13, 2016
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FREMONT, CA: Supernal Software, a provider of cybersecurity assessment software, releases version 2.0 of its cybersecurity assessment software, a part of its online risk management program, Scout. With a new feature termed Cybersecurity Lifecycle functionality into the software, users can identify the gaps in their cybersecurity practices and then draft and track the remediation plans.

The company came up with the new release at a time when threats have become more common and vicious matter for banks and credit unions. Adhering to FFIEC guidance, version 2.0 has been designed to help financial institutions face their security threats.

At the onset of increasing volume of cyber threats, the Federal Financial Institutions Examination Council (FFIEC) developed the Cybersecurity Assessment Tool (Assessment) to help institutions identify risks and determine their cybersecurity preparedness. By providing a repeatable and measurable process for assessment, the tool enables financial institutions to measure their cybersecurity preparedness over time. To assist users in using FFIEC's free Cybersecurity Assessment tool for collaborating, assigning tasks or sharing report, Supernal Software released version 1.0 that provided step-by-step instructions to users to help them easily share progress and great reporting.

"Our customers realize cybersecurity issues require solid strategy and execution. They asked for better tools so we built the initial online assessment. This latest round of updates is another example of them clearly sharing with us what they need," says Peter Griffith, president and CEO, Supernal.