BankInfoSecurity.com Offers Free Webinar: Information Technology Risk Management Programs March 27

Princeton, NJ, March 13, 2007 --(PR.com)-- Financial institution professionals can register to attend a free webinar held on March 27 that explains the FDIC’s Information Technology Risk Management Program. The banking regulatory agencies examine banking practices, including Information Technology, at the banking institutions they oversee on periodic basis. In this webinar, attendees will hear about the basic tenants behind the Information Technology (IT) examinations conducted by the Federal Deposit Insurance Corporation using Information Technology Risk Management Program (IT-RMP).

The examination procedures based on the IT Risk Management Program apply to all FDIC-supervised institutions, regardless of size, technical complexity or prior examination rating. An important component of IT-RMP framework is the IT Examination Officer’s Questionnaire. This questionnaire must be completed and signed by an officer of the institution and returned to the FDIC examiner-in-charge prior to onsite activities.

The webinar will address how the preliminary information gathered via Officer’s Questionnaire is applied – i) in choosing appropriate workprograms suitable for the institution being examined and ii) in identifying the necessary examiner IT skill and experience necessary for conducting each exam. This presentation will prepare the attendees in responding to the pre-examination IT Questionnaire in the most appropriate and accurate manner.

Based on the preliminary information provided by an institution on the technology in use and the applicable practices, and the information available on the previous examinations, bank examiners develop an initial scope for each IT exam. However, examiners have considerable discretion to expand or contract the scope once onsite, and to utilize any agency-specific or FFIEC approved work program targeting specific technologies or functions (wire transfer systems, ACH, etc).

During the course of this presentation, the attendees will gain an understanding of how the regulatory examinations are based on the concepts and guidance provided by the regulatory agencies, information provided in FFIEC IT Examination Handbook and the industry best practices.

Presenting the webinar will be Wayne Stewart, a senior team member and a security evangelist at Icons, Inc. – an Information Security consulting firm. Wayne routinely advises his clients in the banking sector on issues ranging from regulatory compliance to information security best practices. His area of expertise includes Information Technology Risk Management, Information Security Program Management and the overall Gramm-Leach-Bliley (GLBA) compliance at institutions ranging from the largest organization in the country to de novo banks.

To register for this free webinar click to: http://www.bankinfosecurity.com/webinarsDetails.php?webinarID=28 . For more information on BankInfoSecurity.com’s educational webinars, visit www.BankInfoSecurity.com.

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