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What Do the FFIEC IT Handbook Updates Really Mean?

Jack Henry

On June 30, 2021, the FFIEC issued a new booklet in the FFIEC Information Technology Handbook (IT Handbook) series entitled, “Architecture, Infrastructure, and Operations” (AIO). Great, you might say … translation, please?

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Updated FFIEC IT Examination Handbook: What's Changing? Part 2

Jack Henry

Considering that the Federal Financial Institutions Examination Council (FFIEC) Information Technology Examination Handbook (IT Handbook) on “Operations” was last updated in July 2004, it should come as no surprise that a lot has changed over the past 17 years.

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Today’s Cyber Risk Management

Cisco

The past 20 years have visibly demonstrated the impact large scale events have on market, credit, and operational risks in financial services. The subsequent regulatory activity in response to these events focused on operational risks. Cyber risk is the largest and fastest growing operational risk within financial services.

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FFIEC Cybersecurity Maturity Assessment Tool

Cisco

This framework is especially relevant given the recent FFIEC Architecture and Operations update and the Executive Order on Cybersecurity from 2021. The assessment applies principles of the FFIEC IT Handbook and the NIST Cybersecurity Framework. These are mapped into categories and include: Technologies and Connection Types.

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Bypass CEO: Dining’s Big Digital Disruption

PYMNTS

Grubhub ’s announcement last week, that it will acquire mobile ordering and payments platform LevelUp , is the most recent reminder that software and technology is eating the restaurant vertical, no pun intended. The entire segment, he noted, is ripe for technological innovations and improvements, and the restaurateurs of 2018 know that.

System 101
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Top 5 Fraud Manager Considerations During COVID-19

FICO

Improve our defenses, and refresh our operations handbook, to handle the increase in mule accounts for money laundering. Also, with reduced staff in the office, it’s important to consider other operational changes such as an increase in the volume of cases that go to auto-resolution to assist with operational capacity.

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Casino Royal-with-Cheese, Part 11 of 11

Tomorrow's Transactions

But can agent 0111 stop a killer new technology from falling into the wrong hands? about the technologies that he’d seen: apparently, NFC and tokenisation are all the rage, and improved “onboarding” (Bond wasn’t entirely sure what that meant) is the next big thing. Licence to Bill. ” Bond started to tell S.