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Code · CFR · Title 12 — Banks and Banking · Part 609 — Cyber Risk Management · § 609.935

§ 609.935. Business planning.

106 words·~1 min read·/us/cfr/t12/s§ 609.935·

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The annually approved business plan required under subpart J of part 618 of this chapter, and § 652.60 of this chapter for System institutions and the Federal Agricultural Mortgage Corporation, respectively, must include a technology plan that, at a minimum:
(a)Describes the institution's intended technology goals, performance measures, and objectives;
(b)Details the technology budget;
(c)Identifies and assesses the adequacy of the institution's entire cyber risk management program, including proposed technology changes;
(d)Describes how the institution's technology and security support the current and planned business operations; and
(e)Reviews internal and external technology factors likely to affect the institution during the planning period.
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