The FFIEC retired CAT-here's why financial institutions are turning to CRI
When the Federal Financial Institutions Examination Council (FFIEC) released its Cybersecurity Assessment Tool (CAT) in 2015, it became the industry standard for evaluating cyber readiness. A decade later, the threat landscape has evolved—and rather than updating the CAT, the FFIEC retired it on August 31, 2025. With CAT no longer the industry's best practice, many financial institutions are asking: What’s next?