FFIEC IT Examination Handbook
Development, Acquisition, and Maintenance booklet (August 2024) – FFIEC IT Examination Handbook

FFIEC IT Examination Handbook DAM-IV.C.1(a): IV.C.1(a) Free and Open-Source Software Licenses (Development, Acquisition, and Maintenance)

What does DAM-IV.C.1(a) require?

Management maintains an accurate inventory of free and open-source software within asset management, understands and abides by the provisions of public domain and open-source licences including who owns the source code, restrictions on use, obligations to contribute enhancements and prohibitions on commercial use, recognises that FOSS is acquired as is with possibly unknown developers, unpatched vulnerabilities and changes by unknown parties, and knows what information is shared when contributing to the FOSS community.

Maintained by Gerard BlokdykControl text last updated

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