Performing an assessment of your compliance with FedLine® security requirements helps your organization to identify and remediate connection vulnerabilities within your environment. While the Federal Reserve layers and embeds security within the FedLine Solutions, your organization plays a vital role in safeguarding the payment messages and information that are transmitted over the service.
In 2021, the Federal Reserve Banks launched their annual Security and Resiliency Assurance Program (“Assurance Program”). The Assurance Program requires that your organization conduct an annual assessment of your compliance with the Federal Reserve Banks’ FedLine security requirements, as outlined in Operating Circular 5, and attest to having conducted the assessment.
Attestation materials for the 2022 calendar year were provided to your organization’s End User Authorization Contacts (EUACs) in March. It is the responsibility of your organization’s EUAC to coordinate the program on behalf of your organization. After receiving the materials, your organization will have the calendar year to complete the program and submit your attestation. We encourage you to get this done now. There is no penalty for submitting the attestation any time prior to December 31, 2022.
What resources are available to help my organization?
The Federal Reserve Banks created a resource center to assist organizations in completing the Assurance Program. The resource center is designed to be a central hub for key information and supporting materials. Below are two sections of the resource center that you might find particularly valuable:
- Visit the Webinar Information section to access previous webinar recordings. Training opportunities for 2022 will be noted in this section in the future.
- Frequently asked questions (FAQs): Valuable questions were received through the 13 educational webinars hosted by the Fed in 2021. Answers to over 45 of the top questions have been compiled and we will continue to review and update the FAQs, as appropriate.
As a reminder, your account executive is available to assist you with the Assurance Program. To find a list of Federal Reserve Bank contacts specific to your organization, use the Find Your Contacts tool. We look forward to working with you again on this important initiative!
