Tag: Executive Management

  • FFIEC Cancels E-Banking Handbook

    FFIEC Cancels E-Banking Handbook

    On May 13, 2022, the FFIEC very quietly rescinded the FFIEC Information Technology Examination Handbook (IT Handbook) booklet entitled E-Banking.  The original booklet was released in 2003 and was accompanied by a flurry of activity by financial institutions to come up with a separate E-banking policy and risk assessment.  In effect, the FFIEC is now […]

  • Have There Been Any Official Board Reporting Updates to the FFIEC InfoSec Handbook since 2016?

    Have There Been Any Official Board Reporting Updates to the FFIEC InfoSec Handbook since 2016?

    Hey Guru! Do you have any additional blogs about FDIC changing the annual IT report to the board? I saw the article from 2012 and was wondering if there are any updates to that. Has the FFIEC updated its Information Security IT Handbook after 2016 in regard to this subject?Thank you,Lynn Hi Lynn, and thanks […]

  • Vlog: Are Bank Regulators Considered Vendors?

    Vlog: Are Bank Regulators Considered Vendors?

    In this special vlog installment of Ask the Guru, Tom Hinkel answers a question asked by an OCC bank examiner, “Are regulators considered vendors for banks?” Watch the video below to hear Tom’s thoughts on the matter.

  • New Proposed Cyber Incident Notification Rules

    New Proposed Cyber Incident Notification Rules

    Update: Since publishing this post, these rules have been finalized. We have a new post covering those details here. We first wrote about incident notification over ten years ago, and based on feedback from our cyber testing experience, financial institutions are still struggling with the issue of whether or not to notify their customers and […]

  • 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 […]