NCUA is hosting a webinar on the agency's Automated Cybersecurity Evaluation Toolbox (ACET) beginning at 3 p.m. ET Thursday, Oct. 28. Registration is now open. 

NCUA Chairman Todd Harper will participate in this 60-minute webinar, which features a video presentation about the Toolbox followed by a question-and-answer session moderated by staff from the NCUA’s Offices of Credit Union Resources and Expansion and Examination and Insurance.

The Toolbox is a downloadable self-contained application developed for credit unions as a holistic cybersecurity resource. The Toolbox guides credit unions through the ACET Maturity Assessment, which is aligned with the Federal Financial Information Examination Council’s Cybersecurity Assessment Tool (CAT). Using the ACET Maturity Assessment allows institutions of all sizes to determine and measure their own cybersecurity preparedness over time. 

In addition, the Toolbox contains several other types of industry recognized cybersecurity best practices and standards. Among those is the Ransomware Readiness Assessment (RRA) - released by the Cybersecurity & Infrastructure Security Agency (CISA). The RRA is a self-assessment based on a tiered set of practices to help organizations better assess how well they are equipped to defend and recover from a ransomware incident.