INFORMATION TECHNOLOGY AUDIT PROGRAM Sample Clauses

INFORMATION TECHNOLOGY AUDIT PROGRAM. (1) Within ninety (90) days, the Board shall develop an effective and independent internal Information Technology (“IT”) audit program. At a minimum, the IT audit
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INFORMATION TECHNOLOGY AUDIT PROGRAM. (1) Within one hundred twenty (120) days of the date of this Agreement, the Board shall develop, adopt, implement, and thereafter ensure Bank adherence to a comprehensive, timely, and effective internal informational technology audit program that comports with Appendix B to 12 C.F.R. Part 30, the FFEIC Audit IT Examination Handbook (April 2012), and OCC Bulletin 2003-12, Interagency Policy Statement on Internal Audit and Internal Audit Outsourcing (“Internal IT Audit Program”). At minimum, the Internal IT Audit Program shall include: (a) a competent and independent third party to schedule and complete information technology audits no less than annually; (b) control testing for the network, systems, applications, databases and all aspects of information technology operations that, at minimum, focuses on information and systems access, separation of duties, systems security administration, network security, third-party arrangements, e-banking systems and operations, contingency planning and disaster recovery, patch management, and other controls for ensuring safe and sound information technology operations; (c) audit objectives that include a determination of compliance with related laws, regulations, and regulatory guidance; (d) an effective methodology for tracking outstanding audit findings; and (e) requirements for effective and timely responses to audit findings, including responses from management that include effective and timely remediation plans for resolving identified internal control issues; and (f) reports to the Board, or a Committee thereof, no less than quarterly on the status of corrective actions. (2) Within ten (10) days of adopting the Internal IT Audit Program, the Board shall forward a copy of the Bank’s Internal IT Audit Program to the Assistant Deputy Comptroller.
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Related to INFORMATION TECHNOLOGY AUDIT PROGRAM

  • Information Technology The following applies to all contracts for information technology commodities and contractual services. “Information technology” is defined in section 287.012(15), F.S., to have the same meaning as provided in section 282.0041, F.S.

  • Information Technology Accessibility Standards Any information technology related products or services purchased, used or maintained through this Grant must be compatible with the principles and goals contained in the Electronic and Information Technology Accessibility Standards adopted by the Architectural and Transportation Barriers Compliance Board under Section 508 of the federal Rehabilitation Act of 1973 (29 U.S.C. §794d), as amended. The federal Electronic and Information Technology Accessibility Standards can be found at: ▇▇▇▇://▇▇▇.▇▇▇▇▇▇-▇▇▇▇▇.▇▇▇/508.htm.

  • Technology Research Analyst Job# 1810 General Characteristics

  • Information Technology Enterprise Architecture Requirements If this Contract involves information technology-related products or services, the Contractor agrees that all such products or services are compatible with any of the technology standards found at ▇▇▇▇▇://▇▇▇.▇▇.▇▇▇/iot/2394.htm that are applicable, including the assistive technology standard. The State may terminate this Contract for default if the terms of this paragraph are breached.

  • Information/Cooperation Executive shall, upon reasonable notice, furnish such information and assistance to the Bank as may be reasonably required by the Bank, in connection with any litigation in which it or any of its subsidiaries or affiliates is, or may become, a party; provided, however, that Executive shall not be required to provide information or assistance with respect to any litigation between Executive and the Bank or any other subsidiaries or affiliates.