FFIEC Release of Information Technology Examination Handbook

GuidanceFederal Financial Institutions Examination Council (FFIEC)Risk Management

TO:All Federally-Insured Credit Unions
SUBJ:FFIEC Release of Information Technology Examination Handbook

The purpose of this letter is to inform you of revised technology-related guidance provided to examiners and the credit union industry. Earlier this year, the Federal Financial Institutions Examination Council (FFIEC1) released the Information Security Booklet – a first in a series of booklets to revise the existing 1996 FFIEC Information Systems Examination Handbook. The revised Information Technology (IT) Examination Handbook will be composed of several booklets to address significant changes in technology since 1996 and incorporates a risk-based examination approachto each booklet.

The FFIEC agencies plan to issue additional booklets covering such topics as business continuity planning, technology service providers, electronic banking, audit, payment systems, outsourcing, management, computer operations, and systems development and acquisition.

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