Regulators Issue New Appendix to BCP Booklet

If your vendors aren't ready for the next disaster, then neither are you. The Federal Financial Institutions Enforcement Council (FFIEC) has issued a new Appendix J to its Business Continuity Planning Booklet. The new appendix, entitled Strengthening the Resilience of Outsourced Technology Services, emphasizes the critical need for an effective third-party management program. [2/9/15]