FedLine Solutions Security and Resiliency Assurance Program Guide

This guide outlines the FedLine Solutions Security and Resiliency Assurance Program, which requires organizations to conduct an annual self-assessment of compliance with security requirements set by the Federal Reserve Banks. The program aims to enhance security and resiliency in electronic payments by ensuring organizations identify and address gaps in their security controls. Organizations must designate a senior management official to attest to the completion of the self-assessment and review results. The guide details the steps for planning and preparing for the self-assessment, including gathering relevant materials and conducting the assessment. It emphasizes the importance of compliance and the role of third-party service providers in maintaining security. The document also includes appendices with instructions for independent assessments and attestation provisions. Organizations are encouraged to maintain documentation of their assessments and remediation efforts as part of their record retention policies.