§609.935. Business planning.
12 C.F.R. § 609.935
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:
Describes the institution's intended technology goals, performance measures, and objectives;
Details the technology budget;
Identifies and assesses the adequacy of the institution's entire cyber risk management program, including proposed technology changes;
Describes how the institution's technology and security support the current and planned business operations; and
Reviews internal and external technology factors likely to affect the institution during the planning period.
Notes, amendments, and revision history
Authority
Authority: Sec. 5.9 of the Farm Credit Act (12 U.S.C. 2243); 5 U.S.C. 301; Pub. L. 106-229 (114 Stat. 464).
Source
Source: 88 FR 85832, Dec. 11, 2023, unless otherwise noted.