12 C.F.R. § 609.935

Current through November 30, 2024
Section 609.935 - [Effective 1/1/2025] Business planning

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.

12 C.F.R. §609.935

88 FR 85832 , 1/1/2025