FFIEC IT Examination Handbook
Management booklet (November 2015) – FFIEC IT Examination Handbook

FFIEC IT Examination Handbook MGT-III.B: III.B Risk Measurement (Management)

What does MGT-III.B require?

Management measures risk under the enterprise-wide risk policies using qualitative, quantitative or hybrid methods, estimating the likelihood of occurrence and the severity of impact of each identified risk in financial, reputation and other terms including lost revenue, recovery and reconstruction costs, litigation, market share, customer confidence and regulatory consequences, recognising that risks interact and that shared services, infrastructure and customers spread impact, and prioritising the risks by the results.

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