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FDIC Institutions still getting UIGEA (Reg GG) findings – UPDATE
Update 1 – 12/5/2011 to add examination procedures*. Update 2 – 2/13/2012 to emphasize policy requirements. Update 3 – 10/8/2012 to add specific courses of action Read the rest of the article
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FDIC Supervisory Letter Issued on Critical Service Provider
(NOTE: Although the vendor in question has been publicized by the NCUA, I will not name it here because it is not relevant. If you currently contract with the vendor you know who it is, and you need to know how to respond to the letter. If you don’t, you’ll need to know how to…
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FDIC issues FIL addressing proper use of Bank information
Although a quick read of this FIL makes it seem that it only addresses the proper use of confidential information after the institution is placed into receivership,…Read the rest of the article
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FDIC changing annual IT report to Board?
Based on recent examination findings, it would appear that the FDIC is changing what they expect to see in the annual information security report to the Board of Directors. The requirement for the report is established in the FFIEC Information Security Handbook where it states that a written report to the board should describe the…