At Risk: Financial Institutions Have New Federal Business Continuity Procedures

Topics:
Risk Analysis and Management
Tags:
Business Continuity,
Marsh,
Management,
It Services,
Financial Services,
Financial Company,
Financial,
Business Security,
Business Operations,
Business Continuity Planning Procedure,
...
Source:
Marsh

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Overview: In March of 2003, the Federal Financial Institutions Examination Council (FFIEC) released its Business Continuity Planning booklet - designed to provide guidance and examination procedures for examiners in evaluating financial institution and service provider risk management processes. The updated Business Continuity Planning (BCP) procedures are designed to reflect technological advancements, changes in business practices and increased concerns regarding terrorism. These updates are focused primarily on financial institutions and are intended to ensure the availability of critical financial services in the event of either a planned or unscheduled disruption of services.

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Format: PDF | Size: 69KB | Date: Apr 2004 | Pages: 3

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