The Federal Financial Institutions Examination Council (FFIEC) issued a revised business continuity planning (BCP) booklet, which is part of the FFIEC information technology (IT) examination handbook.
The update consists of the addition of Appendix J, titled “Strengthening the Resilience of Outsourced Technology Services,” that highlights and strengthens the BCP booklet in these areas:
The BCP booklet’s guidance assists examiners in evaluating financial institution and service provider risk management processes to ensure the availability of critical financial services.
The booklet also provides guidance to financial institutions on implementing their business continuity planning processes.
According to the guidance:
Access the IT Handbook at ithandbook.ffiec.gov.