Discussion post

Read the subsections of the risk mitigation security control of the Federal Financial Institution Examination Council (FFIEC) located at http://ithandbook.ffiec.gov/it-booklets/operations/risk-mitigation-and-control-implementation.aspx. Next, infer on the five (5) controls likely to be found in small community financial institutions such as credit unions. Justify your choices.

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Financial institutions get faced with the massive task of protecting their data because most of their functions are carried out using Information Technology in their operations. The IT sector in banks has been facing a lot of threats concerning data hacking that has seen financial institutions experience huge losses and crippled some of the small financial institutions.

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