ABT / Security Assessment / NIST CSF 2.0
NIST CSF 2.0 Assessment for Financial Institutions

Know where you stand against NIST CSF 2.0.

Govern, Identify, Protect, Detect, Respond, Recover. Scored against the controls your Microsoft tenant can actually enforce, then translated into a tier score your board and examiner can read. Built for regional banks and credit unions $1B to $50B in assets.

Tier-1 Microsoft CSP
6 to 8 week engagement
FFIEC examiner-ready evidence format
750+ financial institutions served
6
Functions in CSF 2.0
Govern joins Identify, Protect, Detect, Respond, Recover
22
Categories
Including 6 new Govern categories (GV.OC through GV.SC)
106
Subcategories
Outcome statements, each with Implementation Examples
Feb 2024
CSWP 29 Published
FFIEC CAT retired Aug 31, 2025 (OCC Bulletin 2024-25)

The framework examiners, boards, and underwriters all reference.

The FFIEC retired the Cybersecurity Assessment Tool on August 31, 2025. Regulators, insurers, and boards are converging on NIST CSF 2.0 as the common language for cyber posture. Most institutions have selected it. Fewer than a third have finished the transition. This assessment closes that gap, using the evidence your Microsoft tenant already produces.

NEW in 2.0
Govern
Organizational context, risk strategy, roles and authorities, policy, oversight, and supply-chain risk. Pulls cyber out of the IT deck and into the audit-committee agenda.
Microsoft-native evidence
  • Purview Compliance Manager CSF 2.0 template
  • Entra ID access reviews and role assignments
  • Board-ready reporting templates and KRIs
  • Supply-chain attestation register (GV.SC)
Identify
Asset inventory, business environment, risk assessment, improvement planning. What do you own, who uses it, and how exposed is it right now.
Microsoft-native evidence
  • Microsoft Secure Score baseline
  • Intune device inventory and compliance state
  • Defender for Cloud Apps SaaS discovery
  • Third-party AI tool shadow-IT map
Protect
Identity, access, data security, awareness, and technology infrastructure hardening. The controls that keep the wrong people and the wrong data from meeting.
Microsoft-native evidence
  • Entra ID Conditional Access and phishing-resistant MFA
  • Purview DLP policies and sensitivity labels
  • Defender for Endpoint hardening baselines
  • Tokenator session revocation for regulated data
Detect
Continuous monitoring, adverse-event analysis, and anomaly detection. What you notice when something stops being normal in your tenant.
Microsoft-native evidence
  • Defender XDR correlation across identity, endpoint, email
  • Microsoft Sentinel rules and UEBA coverage
  • Guardian MxDR 24x7 monitoring
  • Unified Audit Log coverage and retention
Respond
Incident management, analysis, reporting, and mitigation. How quickly you move from signal to containment, and who is accountable for each step.
Microsoft-native evidence
  • Guardian MxDR response runbooks
  • Sentinel SOAR playbooks and automations
  • Incident response documentation and tabletop artifacts
  • Regulator and customer notification templates
Recover
Recovery planning, improvement, and communications. The moving parts that return the institution to service, and the evidence that you tested them before you needed them.
Microsoft-native evidence
  • M365 Guardian Backup coverage and restore tests
  • Tested business continuity and DR runbooks
  • Azure Backup vault and geo-redundancy policies
  • Customer and regulator communication timelines

CSF 1.1 to 2.0 in plain terms.

The skeleton is familiar. The emphasis is not. Four shifts change how your assessment is scored and how the findings get presented to your board and your examiners.

Govern added
Before (CSF 1.1)
Governance activities lived inside the Identify function as a subset of risk management. Board-level accountability was implied, not scored.
Now (CSF 2.0)
A dedicated sixth function with six categories: Organizational Context, Risk Management Strategy, Roles and Authorities, Policy, Oversight, and Supply Chain. Board engagement is now an outcome the assessment measures directly.
Supply chain elevated
Before
Supply-chain risk was a subcategory buried inside Identify. Often overlooked during exam prep.
Now
Its own Govern category (GV.SC). Fintech, core, LOS, and CSP vendor oversight are explicit outcomes. Attestation cadence and evidence are expected.
Implementation Examples
Before
Subcategories were intentionally abstract. Most institutions needed a consultant to translate the language into controls.
Now
Every subcategory ships with concrete Implementation Examples. The framework is closer to directly actionable without a translator. Your assessment still needs the Microsoft mapping, but the outcomes language is plainer.
AI and emerging risk
Before
Silent on AI. Cybersecurity was a standalone discipline, separate from AI governance and data ethics.
Now
Govern explicitly covers AI risk appetite and oversight. A preliminary Cyber AI Profile (NISTIR 8596) extends CSF 2.0 to AI-specific controls. Connects cleanly into the AI Readiness Assessment we run for Copilot deployments.

Board asked for a NIST CSF 2.0 score at the next audit committee?

A 30-minute readiness call frames scope, confirms the engagement fits your examiner calendar, and shows the scorecard format your board will see. No obligation. No generic questionnaire.

Four phases. Six to eight weeks. Your tenant does most of the work.

We pull the evidence CSF 2.0 asks for from Entra, Purview, Defender, Intune, and Sentinel. Your team stays focused on the institution, not on filling in 318 questionnaire rows by hand.

1
Scope and kickoff
Define target profile, stakeholder map, and current Implementation Tier. Lock the examiner calendar. Agree what is in and out of scope for the first cycle.
Week 1
2
Tenant data pull
Automated pull across Entra ID, Purview, Defender, Intune, and Sentinel. Evidence indexed to the 106 subcategories. Gaps surface inside a week.
Weeks 2 to 3
3
Gap scoring and workshop
Score each subcategory against Partial, Risk Informed, Repeatable, and Adaptive tiers. Working session with your ISO and vendor owners to validate findings and context.
Weeks 4 to 5
4
Roadmap and board briefing
Executive scorecard, 90-day remediation queue, and a one-pager your board and cyber insurer can read. Optional briefing to the audit committee.
Weeks 6 to 8

Deliverables written for humans who read them.

No 400-page PDF. Four tight artifacts designed for the audiences that actually use them: board, examiner, ISO, and your cyber insurer. All aligned to the same underlying evidence set.

Executive CSF 2.0 scorecard
A board-ready one-pager. Function-level Implementation Tier scores, trend vs last cycle, top risks, and top wins. The artifact you hand the audit committee.
Subcategory gap report
All 106 subcategories, tier-scored, with the Microsoft-native evidence supporting each score. The working document your ISO and examiner read side by side.
90-day remediation roadmap
Prioritized work queue keyed to the gaps that move the tier score. Each item has owner, effort, and Microsoft configuration delta. Feeds directly into your next cycle.
Investment
Directional pricing by tenant complexity. Single domain, multi-tenant, and M&A-integration states are scoped separately. Every engagement starts with a 30-minute readiness call so the range is not a surprise.
$30K to $45K
Typical range
Executive scorecard and board briefing
106 subcategory gap report
Microsoft tenant data pull and indexing
90-day remediation roadmap
ISO and audit-committee working session
Examiner-ready evidence formatting
Cyber-insurance underwriter excerpt
Optional Cyber AI Profile overlay
Smaller institution? The Community Bank Cybersecurity Assessment is CSF 2.0 scoped for FFIEC exam prep at a lower price point. Larger institution? The CRI Profile Mapping extends CSF 2.0 with FI-specific diagnostic statements.

Frequently asked questions

The Community Bank Assessment is CSF 2.0 scoped tightly to FFIEC exam prep and priced for institutions under about $1B in assets. The NIST CSF 2.0 Assessment covers all 106 subcategories at regional-bank depth and produces board, examiner, insurer, and ISO deliverables. Most institutions $1B to $50B choose the NIST assessment; under $1B usually fits the Community Bank version better.

Usually yes, because they answer different audiences. The GSE audit satisfies Fannie Mae and Freddie Mac seller-servicer obligations (Information Security Supplement and Section 1302). CSF 2.0 answers your board, examiner, and cyber insurer. The good news: one tenant data pull feeds both engagements, so the marginal cost is lower than running them as separate projects.

Institutions over roughly $50B in assets, holdcos with OCC or FRB examiner relationships, and FIs that have already standardized on the Cyber Risk Institute Profile as their single control framework. CRI Profile is built on top of CSF 2.0 with 318 diagnostic statements (208 for smaller tiers) written specifically for banking. If you are not already committed to CRI, start with CSF 2.0.

Six to eight weeks end to end for a single-domain institution. Your team invests roughly 12 to 20 hours across kickoff, the gap-scoring workshop, and the board briefing. The tenant data pull is automated. We do not send you a 400-row questionnaire. The output lands in the examiner calendar window you define at kickoff.

We run it anyway and are honest about what the assessment can and cannot evidence. CSF 2.0 is framework-agnostic. The Microsoft-native mapping is the wedge for institutions already on M365 and Azure, but we score every subcategory against whatever controls you run. Non-Microsoft environments (Google Workspace, AWS, Okta) are noted in the scorecard as evidence sources the next remediation cycle should address.

No. CSF 2.0 is a voluntary framework, not an attestation program. There is no cert body and no audit seal. If your board, customers, or partners require third-party attestation, pair the CSF 2.0 Assessment with SOC 2 Type II or ISO 27001 from an independent auditor. The evidence we produce makes either of those audits materially easier because it is already tier-scored and organized by subcategory.

CSF 2.0's Govern function now covers AI risk appetite, oversight, and supply-chain assurance, and NIST's preliminary Cyber AI Profile (NISTIR 8596) extends the framework further. The AI Readiness Assessment is the Copilot-specific deep dive into those Govern outcomes, including Freddie Mac Bulletin 2025-16 alignment. Clients deploying Copilot commonly run both engagements from the same tenant data pull.

Talk to an Expert

Ready to score
your CSF 2.0 posture?

30-minute readiness call. We walk through scope, timeline, and the scorecard format your board will see. You leave with a clear answer on fit, no obligation.

SOC 2 Type II
Tier-1 CSP
FFIEC Aligned
6
CSF 2.0 Functions
106
Subcategories scored
6-8
Weeks typical
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