Understanding FFIEC Management Handbook Updates and Changes
Risk management and IT governance are big focus areas for financial institutions today. Today’s IT leaders must not only be adept with the technology, but also understand risk and effectively and efficiently govern complex IT operations. To support these key functions, the Federal Financial Institutions Examination Council (FFIEC) issued an extensively revised and updated version of its management handbook in 2015. Read the full paper, "Understanding FFIEC Management Handbook Updates and Changes."
The 2015 handbook recommendations include developing an IT steering committee and ensuring vital IT security management roles are in place to support the organization’s IT strategic plan. The new edition also expands the governance and risk management sections, especially IT risk management, showing the FFIEC’s increased concern in these areas.
DXC Technology has developed a business white paper to help you understand the major changes to the 2015 FFIEC Management Handbook and the impact on your organization, such as:
- Governance and the role of boards of directors in IT security management
- Risk management for operational risks to ensure effective IT controls and accountability
- IT risk management for measuring and controlling risk exposure
- Added focus on IT governance and risk management to examination procedures
Read the full paper, "Understanding FFIEC Management Handbook Updates and Changes."