Current through November 30, 2024
Section 155.210 - Requirements for using electronic means and facilitiesTo use electronic means and facilities under this subpart, a Federal savings association's management must:
(a) Identify, assess, and mitigate potential risks and establish prudent internal controls; and(b) Implement security measures designed to ensure secure operations. Such measures must be adequate to:(1) Prevent unauthorized access to the savings association's records and its customers' records;(2) Prevent financial fraud through the use of electronic means or facilities; and(3) Comply with applicable security devices requirements of part 168 of this chapter.