1 Scope
This Technical Report provides guidelines on the development of an information security programme for institutions in the financial services industry. It includes discussion of the policies , organization and the structural, legal and regulatory components of such a programme. Considerations for the selection and implementation of security controls , and the elements required to manage information security risk within a modern financial services institution are discussed. Recommendations are given that are based on consideration of the institutions' business environment, practices and procedures. Included in this guidance is a discussion of legal and regulatory compliance issues, which should be considered in the design and implementation of the programme.