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Product Update Notification - 05/01/08 Business Continuity Plan Policy Update Details What's Revised Topic 1 - Purpose and Contents. Several new definitions were added to the "Definitions" subtopic. Topic 3 - Identified Internal and External Risks. The following subtopics were revised: Malicious Activity - A new "Vandalism and Looting" subject was added while the "Terrorism" subject was revised. Technical and Telecommunications Disasters - The entire subtopic was revised. Topic 4 - Policy Description, Authority and Scope. The following subtopics were added: Business Continuity Planning Process Security Standards Crisis Management Incident Response Remote Access The following subtopics were completely revised: General (formerly entitled "Description and Authority") Policy Goals Business Continuity Strategies The following subtopics were deleted: Business Continuity and Recovery Strategies - Bank Business Continuity and Recovery Strategies - Data Processing Objective of Information Technology in the Corporate Strategy The Bank's Communications Needs Staffing Resources Staff Training Topic 6 - Organization and Responsibilities. The "General" subtopic was completely revised. Topic 9 - Business Resumption Impact Analysis, Risk Assessment and Management. The following subtopics were added: Elements of the Business Impact Analysis Elements of the Risk Assessment Process Gap Analysis Risk Management Strategies Non-Critical Business Functions of the Bank The following subtopics were completely revised: General Facilities Impact Assessment The following subtopics were deleted: Critical and Core Business Process Impact Assessment Risk Assessment Risk Mitigation Strategies Topic 10 - Interdependencies. The following subtopics were added: General Internal Systems and Business Processes The following subtopics were completely revised: Telecommunications Third Party Vendors Topic 16 - Data Processing Business Continuity Plan. The following subtopics were added: Backup Recovery Facilities Offsite Storage The following subtopics were completely revised: Data Processing Center Recovery Alternatives Geographic Diversity Backup and Storage Strategies Data File Backup Software Backup Topic 19 - Risk Monitoring and Testing. Formerly entitled "Contingency Plan Testing", the following subtopics were added: Testing Program Principals Responsibility Testing Requirements for Core Clearing and Settlement Organizations Testing Methods Test Execution and Documentation The Evaluation Process Independent Assessment Report to the Audit Committee and Board of Directors The following subtopics were completely revised: General General Test Objectives and Strategies Extent of Test Plans Development of Test Plans Updating the Business Continuity Plan The following subtopics were deleted: Reasons for Testing Validation of Assumptions Accuracy of Information Completeness of Procedures Checklist Test Walk Through Test Tabletop/Mini Drill Test Functional Test Full Scale Test General Guidelines for Conducting a Test Resumption Administrator Responsibilities Analyzing and Reporting Test Results Ordering Information This product is available to purchase from Bankpolicies.com for: $475.00 - List Price - or - $150.00* - Update Price *Applies only to clients who have purchased our Business Continuity Plan Policy Template within the last three years in addition to the following prior updates (if applicable): Business Continuity Plan Policy Template Update - 01/08/08 - $50.00 Business Continuity Plan Policy Template Update - 01/30/07 - $25.00 Business Continuity Plan Policy Template Update - 08/01/06 - $25.00 Business Continuity Plan Policy Template Update - 05/09/06 - $50.00 Click here to place an order for this product. Clients who are eligible for our Legacy Rewards Volume Discount can apply their applicable discount level to the list or update price (whichever applies). NOTE: Refer to our Place an Order page for important information regarding payment terms and our return policy. Orders placed for Product Updates are only available directly through Bankpolicies.com. Find Out What's New or Revised with our Product Update Program Our Product Update Program allows existing clients to receive e-mail notifications from us the same day we issue a new or revised product. We encourage you to subscribe today for this free and convenient service. |