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

FFIEC IT Examination Handbook MGT-III.C.5: III.C.5 Software Development and Acquisition (Management)

Management assesses and mitigates the operational risks of developing or acquiring software through policies that specify the controls, a system development life cycle or similar methodology proportionate to the institution and verified at third-party providers, procedures in each phase that confirm the integrity of controls before the next phase begins with confidentiality, integrity and availability built in, audit review of the SDLC, early analysis of operational impact, thorough testing including security and interoperability with vendor technology before deployment, pilots or prototypes where helpful, periodic retesting, and review of an outsourced developer's control environment, reputation and capabilities.

Maintained by Gerard BlokdykControl text last updated

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