Tag: 2020

  • Compliance Quick Bites – Tests vs. Exercises, and the Resiliency Factor

    Compliance Quick Bites – Tests vs. Exercises, and the Resiliency Factor

    One of several changes implemented in the 2019 FFIEC BCM Examination Handbook is a subtle but important differentiation between a BCMP “test” and an “exercise”. I discussed some of the more material changes here, but we’re starting to see examiner scrutiny into not just if, but exactly what and how you’re testing. According to the…

  • Can We Apply Similar Controls to Satisfy Both GLBA and GDPR?

    Can We Apply Similar Controls to Satisfy Both GLBA and GDPR?

    Hey Guru! Are the Gramm–Leach–Bliley Act (GLBA) and the General Data Protection Regulation (GDPR) similar enough to apply the same or equivalent set of layered controls? My understanding is that GDPR has placed a higher premium on the protection of a narrower definition of data. So, my question is more about whether FFIEC requirements for…