Credit unions large and small are required to develop and test a Business Continuity Plan specific to the threats they face and the impact to operations in the event of a disruption. The written plan should identify the likely scenarios and the steps the credit union will take to serve their members while restoring critical IT infrastructure and business processes.
Credit unions large and small are required to develop and test an Incident Response Plan as part of their Information Security Program. The written plan should identify likely scenarios and the steps the credit union will take to identify the nature and scope of an incident, take appropriate steps to contain and control the incident, and to notify key stakeholders when warranted.
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