Presented by: Dana TurnerA Business Continuity (Disaster Recovery) Plan isn't just a component of the institution's strategic plan -- having one is also a regulatory requirement for every form of financial institution. The requirement for developing and maintaining the required, institution-wide Business Continuity Plan presents special concerns for the Security Officer -- who often also serves as the institution's Business Continuity Plan Coordinator. The tools for complying with the Federal Financial Institutions Examination Council's Interagency Policy On Contingency Planning -- and most state's requirements -- are documented in the FFIEC's Information Systems Examination Handbook. What institutions often overlook are the issues relating to resource allocation -- the necessary "people, places and things" that are identified during the risk assessment process. The institution must maintain realistic and practical solutions to resolving the critical resource allocation issues that are likely to impact the institution, including:
Product 55/328
This product was added to our catalog on Monday 20 December, 2004.