Compliance Blog

Jan 28, 2008

Pandemic After Action Report Released

Last week, Treasury, the Financial Services Sector Coordinating Council, and the Financial and Banking Information Infrastructure Committee released an after action report (AAR) that detailed results of the 2007 Pandemic Flu Exercise.  Access it here.

Why should compliance officers care?  Business continuity planning, much like information security, is a fluid process that must incorporate information about emerging threats, technology, and information.  The AAR is new information/lessons learned, and it shows how credit unions and banks responded to a hypothetical pandemic.  For that reason, it would be a good idea to forward the report to the person at your credit union who is responsible for pandemic planning.

For those credit unions that missed the Pandemic Flu Exercise, you can still work through it at your credit union.  Access all the necessary materials here.