Tag: business continuity

  • FFIEC Issues Stealth Update to BCP Handbook

    FFIEC Issues Stealth Update to BCP Handbook

    This caught me by surprise as it was not formally announced in the “What’s New” section, but the Appendix J update to the Business Continuity Planning Handbook apparently constituted a complete update to the Handbook.  Here is what the press release said in part: The Federal Financial Institutions Examination Council (FFIEC) members today issued a revised…

  • FFIEC Issues Update to Business Continuity Guidance

    The FFIEC just issued new BCP Guidance in the form of a 16 page addendum to the existing 2008 IT Handbook on Business Continuity Planning. It is titled “Appendix J: Strengthening the Resilience of Outsourced Technology Services”, and it has significant implications for both financial institutions and service providers, and across the entire business relationship…

  • BCP plans continue to draw criticism

    In a recent FDIC IT Examination, the examiner made the following criticism of the institutions’ DR/BCP: “Business continuity planing should focus on all critical business functions that need to be recovered to resume operations. Continuity planing for technology alone should no longer be the primary focus of a BCP, but rather viewed as one critical…