---
kind: "section"
citation: "12 C.F.R. § 609.935"
title: "12"
number: "609.935"
heading: "Business planning."
url: "https://uscodex.org/cfr/12/609.935"
---

# §609.935. Business planning.


The annually approved business plan required under [subpart J of part 618](/cfr/12/part618-subpartJ.md) of this chapter, and [§ 652.60](/cfr/12/652.60.md) 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.

## Notes

### 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.