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ISO Independence

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Question: 
Should a requirement for the position of Information Security Officer be independence? Can the Information Security Officer also have duties associated with the finance area of the bank?
Answer: 

There are not any regulatory requirements for the independence of the ISO. From a practical standpoint the ISO should be independent from systems administration responsibilities, but finance duties should not be a conflict.

First published on BankersOnline.com 2/09/09

First published on 02/09/2009

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