The FFIEC’s 13 Exam Objectives for Business Continuity & Resilience
On-Demand Webinar:
StreamedNov 9, 2021Duration90 minutes
- Unlimited & shareable access starting two business days after live stream
- Available on desktop, mobile & tablet devices 24/7
- Take-away toolkit
- Ability to download webinar video
- Presenter's contact info for questions
Solid business continuity planning in action can be an amazing thing. Is your plan robust and ready?
The FFIEC has promulgated 13 exam objectives
on this issue. Will you pass the
examination? Will your plan sail you
through the potential “floodgates” of the next emergency, or will it take on
water?
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Prepare to meet the 13 objectives outlined in the examination manual
- Discuss the 10 steps of the business continuity lifecycle
- Examine third-party service provider contracts for business continuity
- Ensure the board receives adequate BCM program communication
- Communicate the internal auditor’s role in assessing the BCM program’s design effectiveness
- Consider new technologies and emerging threats for inclusion in the plan
- Share resources with staff and accountholders during a disaster
WEBINAR DETAILS
How quickly your credit union can get back to
serving accountholders after a cybersecurity attack, hurricane, wildfire, pandemic,
or flood often depends on the existing business continuity management (BCM) program. The FFIEC provided guidance regarding the
contents of your program, but also emphasized the importance of a continuous
cycle for assessing resiliency using a 10-step approach. As technology evolves so do the threats that
could hamper an institution’s ability to provide financial services. Business continuity and resiliency plans
create a game plan for minimizing interruptions during a crisis.
Your BCM program must keep pace with the emergence
of new threats, such as the COVID-19 pandemic, and the evolution of products
and services. With this webinar, you’ll
learn the examination procedures, resilience strategies, and how to incorporate
the 10 steps of the business continuity lifecycle. Two other key components are communication
with the board and your internal auditor’s role in assessing the BCM program’s
design effectiveness. While disasters can’t be predicted, you can ensure your
institution has a solid business continuity management program that will pass
muster during an examination and be a valuable tool when disaster strikes!
WHO SHOULD ATTEND?
This informative session
is designed for senior management, business continuity team members, human
resources managers, trainers, compliance officers, internal auditors, risk
managers, security officers, and anyone responsible for business continuity management.
TAKE-AWAY TOOLKIT
- Business continuity contract considerations for technology service providers
- Critical function worksheet in Excel
- Threat risk assessment in Excel
- Checklist for critical business continuity reporting to the board
- Employee training log
- Interactive quiz
- PDF of slides and speaker’s contact info for follow-up questions
- Attendance certificate provided to self-report CE credits.
NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your agency is prohibited. Print materials may be copied for eligible participants only.
Presented By
Brode Consulting Services, Inc.
© 2023 FINANCIAL EDUCATION & DEVELOPMENT, INC