Banking

On July 1, 2016, the FDIC updated its Information Technology Risk Management Program (IT-RMP) with the Information Technology Risk Examination (InTREx) Program. Applicable to all FDIC-supervised institutions, regardless of size, InTREx is intended as a more efficient approach to its information technology and operations risk procedures. It enhances cybersecurity preparedness efforts and puts greater focus on identifying, assessing, and validating IT to ensure that management is able to effectively address institutional risk.