Technology-related strategies may include fully equipped backup data centers or cloud providers. to management responsible for the BCM process. Additionally, these procedures assist examiners in evaluating whether business continuity testing demonstrates the entity’s ability to meet its business continuity … Personnel-related strategies may include logistical arrangements to transport or house staff at alternate facilities. Management should determine what alternatives exist for proprietary systems given the significant, unique risks to an entity’s business activities. One thing I forgot to tell you in my last post on the FFIEC IT Handbook – in virtually every section of the IT Handbook you’ll find an entire segment on “roles and responsibilities” – An area that defines who and who shouldn’t be performing certain duties/roles. A few weeks ago, the FFIEC released an updated version of its Business Continuity Management booklet, which is one of the eleven booklets that make up the FFIEC’s IT Examination Handbook.. Plan vs. Management. Data protection strategies typically include a combination of backup, replication, and storage to achieve different levels of continuity and resilience. Business continuity should be incorporated into the risk management life cycle of all systems, processes, and operations of an organization The recent changes to the FFIEC “ Business Continuity Management ” (BCM) booklet hold significance for financial institutions across the United States. The “Business Continuity Management” (BCM) booklet is one in a series of booklets that comprise the Federal Financial Institutions Examination Council (FFIEC) Information Technology Examination Handbook (IT Handbook). What was once called Business Continuity Planning (BCP) is now Business Continuity Management (BCM). The FFIEC released a complete re-write of the Business Continuity Planning booklet on November 14, 2019 titled Business Continuity Management. The 2015 booklet was titled “Business Continuity Planning” versus the updated version titled “Business Continuity Management.” The specific strategy in response to an event may be different based on the entity’s capabilities. On November 14, 2019, the Federal Financial Institutions Examination Council (FFIEC) released an updated Business Continuity Management (BCM) booklet, as part of their IT Examination Handbook. This "Business Continuity Management" booklet is one in a series of booklets that comprise the Federal Financial Institutions Examination Council (FFIEC) Information Technology (IT) Examination Handbook. On November 14, 2019, the Federal Financial Institutions Examination Council (FFIEC) announced they updated and renamed the Business Continuity Planning booklet within their IT Examination Handbook to Business Continuity Management (BCM). Reviewing business continuity operating results and performance through management reporting, testing, and auditing. The long-term goal of the InfoBase is to provide just-in-time training for new regulations and for other topics of specific concern to examiners in the five FFIEC member agencies. Integrating operational, continuity, and resilience strategies to protect data based on recovery objectives. Both documents provide valuable details and guidance for preparing BC plans and With the publication of this booklet, the FFIEC member agencies replace the “Business Continuity Planning” booklet issued in February 2015. Notable Updates in the 2019 Booklet. 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