The Iowa Division of Banking, in conjunction with CSBS, state bank examiners, the Bankers Electronic Task Force, and the U.S. Secret Service, has released an updated version of the Nonbank Ransomware Self-Assessment Tool (R-SAT). This tool is designed to help nonbank companies of all sizes evaluate their cybersecurity posture and readiness for ransomware attacks, reflecting the evolving cyber threat landscape.

Nonbank companies are encouraged to download and utilize the updated R-SAT to assess their cybersecurity defenses. The tool is available via the CSBS website. While non-binding, it serves as a critical resource for improving cybersecurity readiness and mitigating risks associated with ransomware.